USD/CNY fix model: Projection at 6.6842 - Nomura

Nomura's model projects the fix to be 248 pips higher than the previous fix (6.6842 from 6.6594) and 147 pips higher than the previous official spot USD/CNY close of 6.6695. The basket implied change is 221 pips higher than the previous official spot USD/CNY close (6.6916 from 6.6695), Nomura adds.