Comparing RMB Exchange Rate Forecasting Accuracy based on Dynamic BP Neural Network Model and the ARMA Model

Zhiqiang Ye¹, Xiang Ren² and Yaling Shan^1*

¹Department of Finance, School of Business, East China University of Science and Technology, Shanghai, China

²Key Laboratory of Advanced Control and Optimization for Chemical Processes, Ministry of Education, East China University of Science and Technology, Shanghai, China

^*Corresponding Author: Yaling Shan, Department of Finance, School of Business, East China University of Science and Technology, Shanghai, China, Tel: +86 21 6425 2518 Email: