USD/CNY fix model: Projection at 6.7825 - Nomura

Nomura's model projects the fix to be 100 pips higher than the previous fix (6.7825 from 6.7725) and 67 pips higher than the previous official spot USD/CNY close of 6.7758. The basket implied change is 78 pips higher than the previous official spot USD/CNY close (6.7836 from 6.7758), Nomra adds.