USD/CNY fix projection: 6.6288 - Nomura

Analysts at Nomura offered their model USD/CNY fix projection for today.

Key Quotes:

"Our model1 projects the fix to be 126 pips higher than the previous fix (6.6288 from 6.6162) and 76 pips higher than the previous official spot USD/CNY close of 6.6212. The basket implied change is 90 pips higher than the previous official spot USD/CNY close (6.6302 from 6.6212)."