USD/CNY fix model: Projection at 6.6930 - Nomura

Nomura's model projects the fix to be 118 pips higher than the previous fix (6.6930 from 6.6812) and 130 pips higher than the previous official spot USD/CNY close of 6.6800. The basket implied change is 186 pips higher than the previous official spot USD/CNY close (6.6986 from 6.6800), Nomura adds.