Doha: Deposit rates at opening as issued on Sunday by Qatar National Bank (QNB) have been announced for multiple currencies and terms. The rates cover a range of deposit terms from one month to twelve months and include currencies such as the US Dollar (USD), Japanese Yen (JPY), Swiss Franc (CHF), British Pound (GBP), Qatari Riyal (QAR), Saudi Riyal (SAR), UAE Dirham (AED), and Bahraini Dinar (BHD).

According to Qatar News Agency, the one-month deposit rate for USD is set at 4.33154, with a slight decrease for two-month and three-month terms at 4.29601 and 4.26047, respectively. For six-month deposits, the rate is 4.08282, and for twelve months, it is 3.76227. The JPY has a one-month rate of 0.28000, increasing incrementally to 0.60000 for a twelve-month term. Meanwhile, the CHF shows minor fluctuations with a negative rate for some terms, starting at -0.02000 for one month.

The GBP rates are relatively stable, with the one-month rate at 4.21000 and maintaining at 4.23000 for two, three, and twelve months, dipping slightly to 4.14000 for six months. Turning to regional currencies, the QAR one-month rate is 4.85000, with a gradual decrease to 4.45000 over twelve months. The SAR shows a one-month rate of 4.90000, reaching 4.80000 for a twelve-month term.

The AED and BHD rates also show variation across terms. The AED starts at 2.05000 for a one-month term and increases to 3.15000 for twelve months. The BHD begins at 5.20000 for one month and decreases to 4.59000 for a twelve-month term. These rates reflect the current economic environment and the central bank's monetary policies.