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1 Jul 2016
USD/CNY fix model - Projection: 6.6466 - Nomura
Nomura's model projects the fix to be 154 pips higher than the previous fix (6.6466 from 6.6312) and 33 pips higher than the previous official spot USD/CNY close of 6.6433. The basket implied change is 41 pips higher than the previous official spot USD/CNY close (6.6474 from 6.6433), Nomura adds.