USD/CNY fix model: Projection at 6.5519 - Nomura

Nomura's model projects the fix to be 303 pips higher than the previous fix (6.5519 from 6.5216) and 166 pips higher than the previous official spot USD/CNY close of 6.5353. The basket implied change is 281 pips higher than the previous official spot USD/CNY close (6.5634 from 6.5353), Nomura adds.