USD/CNY fix model: Projection at 6.6668 - Nomura

Nomura's model projects the fix to be 116 pips lower than the previous fix (6.6668 from 6.6784) and 132 pips lower than the previous official spot USD/CNY close of 6.6800. The basket implied change is 202 pips lower than the previous official spot USD/CNY close (6.6598 from 6.6800), Nomura adds.