Doha: Deposit rates at opening as issued on Monday by Qatar National Bank (QNB) have been announced, reflecting the current financial environment across several major currencies.
According to Qatar News Agency, the deposit rates for the US dollar (USD) are set at 3.66406% for one month, 3.65970% for two months, 3.65534% for three months, 3.59801% for six months, and 3.44086% for twelve months. The Japanese yen (JPY) rates are 0.70000% for one month, 0.60000% for two months, 0.65000% for three months, 0.90000% for six months, and 1.00000% for twelve months.
The rates for the Swiss franc (CHF) are notably negative, with -0.07000% for one month, -0.10000% for two months, -0.15000% for three months, -0.02000% for six months, and -0.12000% for twelve months. The British pound (GBP) is offered at 3.67000% for one month, 3.73000% for two months, 3.67000% for three months, 3.76000% for six months, and 3.75000% for twelve months.
In terms of regional currencies, the Qatari riyal (QAR) rates stand at 4.10000% for one month, 4.00000% for two months, 3.90000% for three months, 3.85000% for six months, and 3.75000% for twelve months. The Saudi riyal (SAR) has rates of 4.50000% for one month, 4.30000% for two months, 4.40000% for three months, 4.30000% for six months, and 4.30000% for twelve months.
Furthermore, the Emirati dirham (AED) deposit rates are set at 2.05000% for one month, 2.15000% for two months, 2.40000% for three months, 2.85000% for six months, and 3.15000% for twelve months. The Bahraini dinar (BHD) rates are 4.50000% for one month, 4.40000% for two months, 4.40000% for three months, 4.20000% for six months, and 4.10000% for twelve months.