USD/CNY fix model: Projection at 6.6702- Nomura

Nomura's model projects the fix to be 84 pips lower than the previous fix (6.6702 from 6.6786) and 14 pips lower than the previous official spot USD/CNY close of 6.6716. The basket implied change is 20 pips lower than the previous official spot USD/CNY close (6.6696 from 6.6716), Nomura adds.