USD/CNY fix projections: 6.7518 - Nomura

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

Key Quotes:

"Our model1 projects the fix to be 67 pips higher than the previous fix (6.7518 from 6.7451) and 38 pips lower than the previous official spot USD/CNY close of 6.7556. The basket implied change is 45 pips lower than the previous official spot USD/CNY close (6.7511 from 6.7556)."

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