Projection for today's USD/CNY? - Nomura

Analysts at Nomura's projection for today's USD/CNY fix...

Key Quotes:

"Our model1 projects the fix to be 33 pips higher than the previous fix (6.7835 from 6.7802) and 18 pips higher than the previous official spot USD/CNY close of 6.7817. The basket implied change is 20 pips higher than the previous official spot USD/CNY close (6.7837 from 6.7817)."