USD/CNY fix model: Projection at 6.5202 – Nomura

By FXStreet Nommura’s model projects the fix to be higher by 243 pips from the previous fix (6.5202 from 6.4959) and higher by 80 pips from the previous spot USD/CNY official close 6.5122. The basket implied change is higher by 103 pips from the previous spot USD/CNY official close (6.5225 from 6.5122), Nomura notes.
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Source:: FX Street