USD/CNY projection at 6.4927 - Nomura

According to Nomura, it projects the fix to be 152 pips lower than the previous fix (6.4927 from 6.5079) and 40 pips lower than the previous official spot USD/CNY close of 6.4967.

The basket implied change is 48 pips lower than the previous official spot USD/CNY close (6.4919 from 6.4967), Nomura adds.