Qatar National Bank Announces Updated Deposit Rates for Major Currencies

Doha: Deposit rates at opening as issued on Sunday by Qatar National Bank (QNB) are as following:

According to Qatar News Agency, the deposit rates for various currencies have been updated. For the US Dollar (USD), the rates are 4.32224% for 1 month, 4.32300% for 2 months, 4.32375% for 3 months, 4.26567% for 6 months, and 4.06557% for 12 months. The Japanese Yen (JPY) rates are set at 0.30000% for 1 and 2 months, with an increase to 0.35000% for 3 months, 0.45000% for 6 months, and 0.60000% for 12 months.

The Swiss Franc (CHF) has rates of -0.01000% for 1 month, -0.09000% for 2 months, -0.10000% for 3 months, 0.01000% for 6 months, and -0.11000% for 12 months. Meanwhile, the British Pound (GBP) stands at 4.29000% for 1 month, 4.27000% for 2 months, 4.28000% for both 3 and 6 months, and 4.66000% for 12 months.

For the Qatari Riyal (QAR), the rates are 4.85000% for 1 month, 4.75000% for 2 months, 4.65000% for 3 months, 4.60000% for 6 months, and 4.50000% for 12 months. The Saudi Riyal (SAR) rates are 4.90000% for 1 month, 5.00000% for 2 months, 5.10000% for 3 months, 4.95000% for 6 months, and 4.80000% for 12 months.

The United Arab Emirates Dirham (AED) has rates of 2.05000% for 1 month, 2.15000% for 2 months, 2.40000% for 3 months, 2.85000% for 6 months, and 3.15000% for 12 months. Lastly, the Bahraini Dinar (BHD) rates are 5.34000% for 1 month, 4.93000% for 2 months, 4.84000% for 3 months, 4.78000% for 6 months, and 4.71000% for 12 months.