8 Apr 2016
USD/CNY fix model: Projection at 6.4762 - Nomura
Nomura's model projects the PBOC fix to be higher by 55 pips from the previous fix (6.4762 from 6.4707) and higher by 33 pips from the previous spot USD/CNY official close 6.4729.
Nomura adds that the basket implied change is higher by 41 pips from the previous spot USD/CNY official close (6.4770 from 6.4729).