USD/CNY fix model: Projection at 6.6950 - Nomura

Nomura's model projects the fix to be 107 pips higher than the previous fix (6.6950 from 6.6843) and 71 pips higher than the previous official spot USD/CNY close of 6.6879. The basket implied change is 91 pips higher than the previous official spot USD/CNY close (6.6970 from 6.6879), Nomura adds.