USD/CNY fix model: Projection at 6.6693 - Nomura

Nomura's model projects the fix to be 23 pips higher than the previous fix (6.6693 from 6.6670) and 7 pips lower than the previous official spot USD/CNY close of 6.6700. The basket implied change is 10 pips lower than the previous official spot USD/CNY close (6.6690 from 6.6700), Nomura adds.