USD/CNY fix model: Projection at 6.6945 - Nomura

Nomura's model projects the fix to be 140 pips higher than the previous fix (6.6945 from 6.6805) and 141 pips higher than the previous official spot USD/CNY close of 6.6804. The basket implied change is 209 pips higher than the previous official spot USD/CNY close (6.7013 from 6.6804), Nomura adds.