USD/CNY fix model - Projection: 6.6496 - Nomura

Nomura's model projects the fix to be 32 pips lower than the previous fix (6.6496 from 6.6528) and 9 pips higher than the previous official spot USD/CNY close of 6.6487. The basket implied change is 11 pips higher than the previous official spot USD/CNY close (6.6498 from 6.6487)., Nomura adds.