Analysis and estimation of India's foreign exchange reserves using soft computing techniques
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 expenditu...
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doaj-e171493d5e6b41d48bed46ba276a06102020-12-25T05:06:05ZengElsevierIIMB Management Review0970-38962020-09-01323280290Analysis and estimation of India's foreign exchange reserves using soft computing techniquesMriganka Mohan Chanda0Gautam Bandyopadhyay1Neelotpaul Banerjee2Corresponding author.; Department of Management Studies, National Institute of Technology, Durgapur, IndiaDepartment of Management Studies, National Institute of Technology, Durgapur, IndiaDepartment of Management Studies, National Institute of Technology, Durgapur, IndiaWe 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.http://www.sciencedirect.com/science/article/pii/S0970389617302653National economic planningArtificial neural networksSoft computingForeign exchange reserves |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Mriganka Mohan Chanda Gautam Bandyopadhyay Neelotpaul Banerjee |
spellingShingle |
Mriganka Mohan Chanda Gautam Bandyopadhyay Neelotpaul Banerjee Analysis and estimation of India's foreign exchange reserves using soft computing techniques IIMB Management Review National economic planning Artificial neural networks Soft computing Foreign exchange reserves |
author_facet |
Mriganka Mohan Chanda Gautam Bandyopadhyay Neelotpaul Banerjee |
author_sort |
Mriganka Mohan Chanda |
title |
Analysis and estimation of India's foreign exchange reserves using soft computing techniques |
title_short |
Analysis and estimation of India's foreign exchange reserves using soft computing techniques |
title_full |
Analysis and estimation of India's foreign exchange reserves using soft computing techniques |
title_fullStr |
Analysis and estimation of India's foreign exchange reserves using soft computing techniques |
title_full_unstemmed |
Analysis and estimation of India's foreign exchange reserves using soft computing techniques |
title_sort |
analysis and estimation of india's foreign exchange reserves using soft computing techniques |
publisher |
Elsevier |
series |
IIMB Management Review |
issn |
0970-3896 |
publishDate |
2020-09-01 |
description |
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. |
topic |
National economic planning Artificial neural networks Soft computing Foreign exchange reserves |
url |
http://www.sciencedirect.com/science/article/pii/S0970389617302653 |
work_keys_str_mv |
AT mrigankamohanchanda analysisandestimationofindiasforeignexchangereservesusingsoftcomputingtechniques AT gautambandyopadhyay analysisandestimationofindiasforeignexchangereservesusingsoftcomputingtechniques AT neelotpaulbanerjee analysisandestimationofindiasforeignexchangereservesusingsoftcomputingtechniques |
_version_ |
1724371371575738368 |