USD/CNY fix model: Projection at 6.8452 - Nomura

Nomura's model projects the fix to be 73 pips lower than the previous fix (6.8452 from 6.8525) and 110 pips higher than the previous official spot USD/CNY close of 6.8342. The basket implied change is 484 pips higher than the previous official spot USD/CNY close (6.8826 from 6.8342), Nomura adds.