Doha: Qatar National Bank (QNB) has announced the latest deposit rates for various currencies as of Wednesday. The rates cover multiple currencies and terms ranging from one month to twelve months, highlighting key financial metrics for investors and account holders.

According to Qatar News Agency, the deposit rates for the U.S. Dollar (USD) start at 3.67591% for a one-month term, increasing to 4.03943% for a twelve-month term. The Japanese Yen (JPY) rates begin at 0.70000% for one month and rise to 1.33000% for a twelve-month deposit. The Swiss Franc (CHF) shows a negative rate starting at -0.20000% for a one-month term, improving slightly to 0.20000% for twelve months. The British Pound (GBP) begins at 3.77000% for one month and reaches 4.52000% for a twelve-month period.

The local Qatari Riyal (QAR) has a starting rate of 4.00000% for one month, decreasing to 3.75000% for a twelve-month deposit. Rates for the Saudi Riyal (SAR) start at 4.50000% for one month and slightly increase to 4.60000% for a twelve-month term. The United Arab Emirates Dirham (AED) deposit rates begin at 2.05000% for a one-month term and go up to 3.15000% for a twelve-month deposit. Lastly, the Bahraini Dinar (BHD) starts at 4.60000% for one month and increases to 4.80000% for a twelve-month term.

These rates reflect the current economic conditions and offer insight into the bank's strategies for attracting deposits in a competitive financial market. The information is crucial for those looking to invest or save in various currencies with Qatar National Bank.