Naira maintains appreciated rate against dollar,euro and pound

- Naira has stayed strong against the Dollar at parallel market - The Nigerian currency traded at N362, N502 and N442 against the Dollar, Pound Sterling and Euro respectively The Nigerian Naira on Monday, March 5, retained its strengthened rate at the parallel market against Dollar. According to our findings, the local currency maintained the same rates of N362 against Dollar, N502 per Pound rate and N442 per Euro as it closed on Friday, March 2. Naira maintains strength against Dollar Meanwhile foreign investors have injected $10.6 billion into the economy through the Investors and Exporters (I&E) window since the beginning of the year, even as they intensified demand for Nigerian Corporate Eurobonds listed on the London Stock Exchange (LSE).  dollars traded in the Investors and Exporters (I&E) window from January 2 till last week, showed that foreign investors have supplied $10.6 billion, implying sustained investors confidence in the window, which was introduced April 21 last year. The $10.6 billion traded year-to-date (YTD) represents 38.5 percent of the $26 billion traded in the window last year. Can N1 ever become $1 again at Forex Market? ***prbxselfnetwork***