Doha: Deposit rates at Qatar National Bank (QNB) were issued on Wednesday, revealing varied returns across different currencies and tenures. The rates, which are essential for investors and savers, show a range of interest rates for several global and regional currencies, including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD.

According to Qatar News Agency, the USD deposit rates begin at 3.64212% for a 1-month tenure and increase to 4.03834% for a 12-month tenure. The Japanese Yen (JPY) deposit rates start at 0.71000% for a month and reach up to 1.52000% for a year. Swiss Franc (CHF) rates, interestingly, start negative at -0.11000% for a month and turn positive at 0.20000% for a 12-month term, showing a marked increase over the tenure.

For the British Pound (GBP), the rates begin at 3.66000% for a month, climbing to 4.44000% for a year. Regional currencies such as the Qatari Riyal (QAR) maintain a steady rate of 4.10000% for the first three months, inching up to 4.15000% for 6-month and 12-month deposits. The Saudi Riyal (SAR) starts at 4.50000% for a month and increases to 4.60000% by the end of the year.

The UAE Dirham (AED) shows a significant increase from 2.05000% for a month to 3.15000% over a year. Finally, the Bahraini Dinar (BHD) begins at 4.60000% for the first two months, reaching up to 4.85000% by the 12-month mark.

These rates provide a comprehensive overview for investors and savers looking to optimize their returns through strategic deposit placements.