Doha: Qatar National Bank (QNB) announced updated deposit rates for various currencies on Monday, reflecting strategic adjustments in their financial offerings. The deposit rates are categorized based on the duration of the deposits, ranging from one month to twelve months.

According to Qatar News Agency, the deposit rates for USD, JPY, CHF, and GBP have been set as follows: for a one-month duration, the rates are 3.66529% for USD, 0.70000% for JPY, -0.07000% for CHF, and 3.65000% for GBP. The two-month rates are slightly lower for USD at 3.65259% and JPY at 0.60000%, while CHF is at -0.12000% and GBP at 3.67000%. For three months, the rates are 3.63988% for USD, 0.75000% for JPY, -0.16000% for CHF, and 3.64000% for GBP. For a six-month deposit, USD is at 3.57871%, JPY at 0.90000%, CHF at -0.03000%, and GBP at 3.68000%. For a twelve-month deposit, USD is at 3.43423%, JPY at 1.05000%, CHF at -0.10000%, and GBP at 3.80000%.

Additionally, QNB has outlined the deposit rates for QAR, SAR, AED, and BHD. For a one-month period, the rates are 4.05177% for QAR, 4.45000% for SAR, 2.05000% for AED, and 4.60000% for BHD. The two-month rates are 3.98087% for QAR, 4.55000% for SAR, 2.15000% for AED, and 4.50000% for BHD. For three months, the rates are 3.94330% for QAR, 4.65000% for SAR, 2.40000% for AED, and 4.40000% for BHD. The six-month rates show QAR at 3.86667%, SAR at 4.55000%, AED at 2.85000%, and BHD at 4.30000%. For twelve months, QAR is at 3.73333%, SAR at 4.55000%, AED at 3.15000%, and BHD at 4.10000%.