Back
13 Oct 2016
USD/CNY fix model: Projection at 6.7281 - Nomura
Nomura's model projects the fix to be 23 pips higher than the previous fix (6.7281 from 6.7258) and 142 pips higher than the previous official spot USD/CNY close of 6.7139. The basket implied change is 176 pips higher than the previous official spot USD/CNY close (6.7315 from 6.7139), Nomura adds.