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11 Jan 2017
USD/CNY fix model: Projection at 6.9299 - Nomura
Nomura's model projects the fix to be 65 pips higher than the previous fix (6.9299 from 6.9234) and 57 pips higher than the previous official spot USD/CNY close of 6.9242. The basket implied change is 66 pips higher than the previous official spot USD/CNY close (6.9308 from 6.9242), Nomura adds.