14 Nov 2016
USD/CNY fix model: Projection at 6.8282 - Nomura
Nomura's model projects the fix to be 167 pips higher than the previous fix (6.8282 from 6.8115) and 127 pips higher than the previous official spot USD/CNY close of 6.8155. The basket implied change is 162 pips higher than the previous official spot USD/CNY close (6.8317 from 6.8155), Nomura adds.