USD/CNY fix model: Projection at 6.5627 - Nomura

Nomura's model projects the fix to be 130 pips higher than the previous fix (6.5627 from 6.5497) and 21 pips lower than the previous official spot USD/CNY close of 6.5648. The basket implied change is 30 pips lower than the previous official spot USD/CNY close (6.5618 from 6.5648), Nomura adds.