USD/CNY fix model: Projection at 6.6728- Nomura

Nomura's model projects the fix to be 133 pips higher than the previous fix (6.6728 from 6.6595) and 17 pips higher than the previous official spot USD/CNY close of 6.6711. The basket implied change is 21 pips higher than the previous official spot USD/CNY close (6.6732 from 6.6711), Nomura adds.