USD/CNY fix model: Projection at 6.5945 - Nomura

Nomura's model projects the fix to be 289 pips higher than the previous fix (6.5945 from 6.5656) and 146 pips higher than the previous official spot USD/CNY close of 6.5799. The basket implied change is 222 pips higher than the previous official spot USD/CNY close (6.6021 from 6.5799), Nomura adds.