Doha: Deposit rates at the opening as issued on Sunday by Qatar National Bank (QNB) show varied interest rates across different currencies and maturities. The rates are detailed for major currencies including USD, JPY, CHF, and GBP, as well as regional currencies like QAR, SAR, AED, and BHD.
According to Qatar News Agency, the USD deposit rates start at 4.14693 for a 1-month term and gradually decrease to 3.58183 for a 12-month term. JPY deposit rates remain low, starting at 0.40000 for 1-month and peaking at 0.70000 for a 12-month term. CHF rates are negative except for the 12-month term, beginning at -0.18000 for 1-month deposits. GBP rates are relatively stable, with a slight increase from 3.99000 for 3-month deposits to 4.07000 for 12-month deposits.
For regional currencies, QAR deposit rates start at 4.82500 for 1-month and decrease to 4.42500 for 12-month deposits. SAR rates show a slight increase for 1-month deposits at 4.90000, peaking at 5.10000 for 3- and 6-month terms before slightly declining. AED rates begin at 2.05000 for 1-month deposits, rising to 3.15000 for 12-month terms. BHD rates show a decrease from 5.28000 for 1-month to 4.62000 for 12-month deposits.