Radial basis function neural network and prediction of exchange rate

Abstract

This study aims to predict the exchange rat based on radial basis function neural network (RBFNN). Concerning the selected sample point, it only responds to the inputs of neighboring samples and hence has better approximation performance and overall optimization than other forwarding networks, in addition to being simple in structure and fast in training speed. RBFNN in empirical risk minimization methods has been studied, their adaptability to exchange rate prediction has been explored, and these methods have been verified by exchange rate data. The contributions are proposing an exchange rate prediction algorithm based on RBFNN and more accurately predicting short-term and long-term exchange rate variation trends.