USD/CNY fix model: Projection at 6.7430 - Nomura

Nomura's model projects the fix to be 273 pips higher than the previous fix (6.7430 from 6.7157) and 175 pips higher than the previous official spot USD/CNY close of 6.7255. The basket implied change is 265 pips higher than the previous official spot USD/CNY close (6.7520 from 6.7255), Nomura adds.