Abstract
We used a back propagation type of artificial neural networks (ANN) methodology to forecast the year-wise estimated foreign exchange reserves of India based on past data.The results indicate that in a particular financial year, if we know the values of foreign direct investments, the total expenditure for all the plan schemes and special plan schemes of the Department of Commerce, the export to import ratio, the average import duty rate, and the GDP of India, then the likely value of the foreign exchange reserves for that year can be estimated using our ANN-based method.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
