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17 Jun 2016
USD/CNY fix model: Projection at 6.5913 - Nomura
Nomura's model projects the fix to be 174 pips higher than the previous fix (6.5913 from 6.5739) and 73 pips higher than the previous official spot USD/CNY close of 6.5840. The basket implied change is 93 pips higher than the previous official spot USD/CNY close (6.5933 from 6.5840), Nomura adds.