USD/CNY fix model: Projection at 6.8653 - Nomura

Nomura's model projects the fix to be 57 pips higher than the previous fix (6.8653 from 6.8596) and 143 pips lower than the previous official spot USD/CNY close of 6.8796. The basket implied change is 179 pips lower than the previous official spot USD/CNY close (6.8617 from 6.8796), Nomura adds.