USD/CNY fix model: Projection at 6.6817 - Nomura

Nomura's model projects the fix to be 148 pips higher than the previous fix (6.6817 from 6.6669) and 113 pips higher than the previous official spot USD/CNY close of 6.6704. The basket implied change is 154 pips higher than the previous official spot USD/CNY close (6.6858 from 6.6704), Nomura adds.