Charts & Numbers

QAR DEPOSITS (Indication Rates)

QAR O/N   0.25   2.00

QAR 1M   -1.40   - 0.00

QAR 2M   -1.56   - 0.20

QAR 3M   -1.53   - 0.10

QAR 6M   -1.67   - 0.20

QAR 9M   -1.63   - 0.15

QAR 1Y -1.44   0.40 

(All rates as of 12:30pm KW time)

The recent decline in deposit rates by Qatari banks is indicative of excess liquidity in the market. In previous posts i wrote about the Qatari Riyal revaluations…