Remittances and financial developments have been an important and overgrowing source in accelerating the growth process of many transitional economies. The economies that have enough source of remittance from their expatriate necessitate the well established technology for financial transactions...

Currency depreciation has been an influential instrument to boost-up the net export of the developing economies that face the strict conditions of international donors along with elevated trade deficit. The eventual intention behind this channel is to achieve the improved current account status...