Doha: Qatar National Bank (QNB) has announced the latest deposit rates for various currencies, effective from Monday. These rates outline the interest offered on deposits over different periods ranging from one month to twelve months for currencies including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD.

According to Qatar News Agency, the deposit rates for USD start at 3.61196% for a one-month term and progressively increase to 3.84527% for a twelve-month term. For JPY, the rates begin at 0.70000% for one month, reaching 1.20000% for a twelve-month period. CHF rates show a negative interest starting at -0.12000% for one month, improving to 0.15000% for a twelve-month deposit. Meanwhile, GBP deposit rates start at 3.72000% for one month and increase to 4.47000% for twelve months.

The local currency, QAR, offers a one-month deposit rate of 4.05100%, which decreases slightly for a twelve-month term at 3.95000%. SAR rates are consistent for longer terms, starting at 4.50000% for one month and stabilizing at 4.30000% from two to twelve months. AED rates begin at 2.05000% for one month and peak at 3.15000% for twelve months. BHD rates start at 4.60000% for a one-month term, decreasing steadily to 4.10000% over a year.

These rates provide potential investors and account holders with a range of options depending on their preferred currency and investment duration.