USD/CNY fix model: Projection at 6.5255 – Nomura

By FXStreet Nomura’s model projects the fix to be 55 pips higher than the previous fix (6.5255 from 6.5200) and 28 pips higher than the previous official spot USD/CNY close of 6.5227. The basket implied change is 35 pips higher than the previous official spot USD/CNY close (6.5262 from 6.5227), Nomura adds.
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Source:: FX Street