USD/CNY fix model: Projection at 6.5864 - Nomura

Nomura's model projects the fix to be 176 pips higher than the previous fix (6.5864 from 6.5688) and 72 pips higher than the previous official spot USD/CNY close of 6.5792. The basket implied change is 92 pips higher than the previous official spot USD/CNY close (6.5884 from 6.5792), Nomura adds.