There are many studies concerning the relationship between Budget Deficit (BD) and Trade Deficit (TD). The overall findings can be classified under two broad hypotheses. One is known as twin deficit hypothesis which implies there exists a relationship between BD and TD, and BD Granger-causes TD....

ARIMA method is an extrapolation method for forecasting, and like any other such methods, it requires only the historical time series data for the variable under forecasting. ARIMA models are a-theoretical, implying that their construction and use are not based on any underlying theoretical...

In any developing country, shortage of foreign exchange reserve, which is very essential to pay the import bills, is a common problem. Bangladesh, which depends more on remittances to pay its import bills, is not an exception. Over the last decade, the workers' remittances played a crucial role...

There has been a plethora of studies concerning the relationship between budget deficit and trade deficit. The overall findings can be classified under two broad hypotheses. One is known as the ‘twin deficit hypothesis', which implies that there does exist a relationship between budget deficit...

In Bangladesh, remittances have increased sharply over the last 20 years and amount since 2008 to over 10 percent of GDP. While remittances can foster growth and development as well as prevent balance of payment crises, they can also have a negative impact on growth if used for conspicuous...

Foreign exchange risk management is a new challenging area. After globalization, the perfection in exchange rate forecasting is very essential for hedging decisions. In this paper, an attempt has been made to estimate the parameters of Autoregressive Integrated Moving Average (ARIMA) and...