16 May 2016
USD/CNY fix model: Projection at 6.5303 - Nomura
Nomura model projects the fix to be higher by 57 pips from the previous fix (6.5303 from 6.5246) and higher by 101 pips from the previous spot USD/CNY official close 6.5202. The basket implied change is higher by 136 pips from the previous spot USD/CNY official close (6.5338 from 6.5202).