7 Nov 2016
USD/CNY fix model: Projection at 6.7728 - Nomura
Nomura's model projects the fix to be 214 pips higher than the previous fix (6.7728 from 6.7514) and 137 pips higher than the previous official spot USD/CNY close of 6.7591. The basket implied change is 179 pips higher than the previous official spot USD/CNY close (6.7770 from 6.7591), Nomura adss.