USD/CNY fix model: Projection at 6.8601 - Nomura

Nomura's model projects the fix to be 92 pips lower than the previous fix (6.8601 from 6.8693) and 151 pips lower than the previous official spot USD/CNY close of 6.8752. The basket implied change is 190 pips lower than the previous official spot USD/CNY close (6.8562 from 6.8752), Nomura adds.