USD/CNY fix projection: 6.3340 - Nomura

Analysts at Nomura offered their model's projection for today's fix in USD/CNY.

Key Quotes:

"Our model1 projects the fix to be unchanged at 6.3340 from the previous fix and 93 pips higher than the previous official spot USD/CNY close of 6.3247. The basket implied change is 112 pips higher than the previous official spot USD/CNY close (6.3359 from 6.3247)."