USD/CNY fix model: Projection at 6.6228 - Nomura

Nomura's model projects the fix to be 172 pips higher than the previous fix (6.6228 from 6.6056) and 82 pips lower than the previous official spot USD/CNY close of 6.6310. The basket implied change is 121 pips lower than the previous official spot USD/CNY close (6.6189 from 6.6310), Nomura adds.