USD/CNY fix projection: 6.8302 - Nomura

Analysts at Nomura offered their model's projection for today's fix. 

Key Quotes:

"Our model1 projects the fix to be 137 pips higher than the previous fix (6.8302 from 6.8165) and 47 pips higher than the previous official spot USD/CNY close of 6.8255. The basket implied change is 54 pips higher than the previous official spot USD/CNY close (6.8309 from 6.8255)."