Doha: Deposit rates at opening as issued on Sunday by Qatar National Bank (QNB) have been released, providing detailed interest rates across various tenors for several major currencies including USD, JPY, CHF, GBP, QAR, SAR, AED, and BHD.

According to Qatar News Agency, the updated rates for USD deposits begin at 3.63881% for a 1-month term and increase to 3.97023% for a 12-month term. The Japanese Yen (JPY) shows a starting rate of 0.73000% for 1-month deposits, escalating to 1.55000% for a 12-month period. The Swiss Franc (CHF) displays a unique trend with a negative starting rate of -0.20000% for 1-month deposits, shifting to a positive rate of 0.20000% for 12 months. The British Pound (GBP) opens at 3.79000% for 1-month deposits and rises to 4.50000% for a 12-month term.

The rates for the Qatari Riyal (QAR) commence at 4.07005% for a 1-month period and progress to 4.31475% for a 12-month duration. The Saudi Riyal (SAR) has a consistent rate for 1-month and 6-month deposits at 4.50000%, increasing slightly to 4.60000% for a 12-month term. For the UAE Dirham (AED), the rates start at 2.05000% for a 1-month deposit and ascend to 3.15000% for a 12-month duration. Lastly, the Bahraini Dinar (BHD) rates begin at 4.56000% for a 1-month term and peak at 5.07000% for a 12-month period.