Back
2 Aug 2016
USD/CNY fix model: Projection at 6.6496 - Nomura
Nomura's model projects the fix to be 219 pips higher than the previous fix (6.6496 from 6.6277) and 106 pips higher than the previous official spot USD/CNY close of 6.6390. The basket implied change is 142 pips higher than the previous official spot USD/CNY close (6.6532 from 6.6390), Nomura adds.