Doha: Qatar National Bank (QNB) has issued the latest deposit rates for various currencies, which took effect this Monday. The rates include those for major global currencies such as USD, JPY, CHF, GBP, as well as regional currencies like QAR, SAR, AED, and BHD.

According to Qatar News Agency, the deposit rates vary significantly depending on the currency and the term duration. For USD deposits, the rates range from 3.64320% for a one-month deposit to 3.94477% for a twelve-month deposit. In contrast, JPY rates start at 0.88000% for one month, increasing to 1.25000% for a year. CHF rates begin at -0.05000% for the one-month duration and rise to 0.15000% for twelve months. GBP deposits offer rates starting at 3.76000% for one month, reaching up to 4.40000% for a twelve-month term.

The deposit rates for regional currencies also show variation. QAR deposits start at 4.00000% for one month and decrease to 3.75000% for a twelve-month term. SAR deposits begin at 4.50000% for one month, with the twelve-month rate set at 4.30000%. AED deposit rates are 2.05000% for one month, increasing to 3.15000% after twelve months. BHD deposits offer a rate of 4.59000% for one month, rising to 4.86000% for a twelve-month period.