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8 Aug 2016
USD/CNY fix model: Projection at 6.6641 - Nomura
Nomura's model projects the fix to be 235 pips higher than the previous fix (6.6641 from 6.6406) and 189 pips higher than the previous official spot USD/CNY close of 6.6452. The basket implied change is 382 pips higher than the previous official spot USD/CNY close (6.6834 from 6.6452), Nomura adds.