USD/CNY fix model: Projection at 6.4668 - Nomura

Nomura's model projects the PBOC fix to be higher by 52 pips from the previous fix (6.4668 from 6.4616) and higher by 76 pips from the previous spot USD/CNY official close 6.4592. Nomura adds that the basket implied change is higher by 112 pips from the previous spot USD/CNY official close (6.4704 from 6.4592).