Doha: Deposit rates at opening as issued on Thursday by Qatar National Bank (QNB) have been released for various currencies, showcasing a range of interest rates across different time periods.

According to Qatar News Agency, the rates for USD deposits start at 3.95038% for a 1-month term and decrease to 3.57555% for a 12-month term. Meanwhile, JPY deposit rates begin at 0.40000% for both 1-month and 2-month terms, rising slightly to 0.65000% for a 12-month term.

Additionally, CHF deposits show a negative rate, with the 1-month rate at -0.23000%, improving to -0.02000% for a 12-month term. GBP deposit rates start at 3.90000% for a 1-month term and slightly decline to 3.91000% over a 12-month period.

For local currencies, QAR deposit rates begin at 4.32500% for a 1-month term, decreasing to 3.75000% for a 12-month term. SAR rates start at 4.75000% for a 1-month term and stabilize at 4.55000% for periods up to 12 months.

AED deposit rates are listed at 2.05000% for a 1-month term, increasing to 3.15000% for a 12-month term. Lastly, BHD deposit rates start at 5.07000% for a 1-month term and adjust to 4.63000% from the 2-month term onwards, maintaining this rate through to the 12-month term.