USD/CNY fix model: Projection at 6.6377 - Nomura

Nomura's model projects the fix to be 67 pips lower than the previous fix (6.6377 from 6.6444) and 15 pips lower than the previous official spot USD/CNY close of 6.6392. The basket implied change is 22 pips lower than the previous official spot USD/CNY close (6.6370 from 6.6392), Nomura adds.