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USD/CNY fix projection: 6.3670 - Nomura

Analysts at Nomura published their model's projection for today's fix. 

Key Quotes:

"Our model1 projects the fix to be 86 pips higher than the previous fix (6.3670 from 6.3584) and 21 pips higher than the previous official spot USD/CNY close of 6.3649. The basket implied change is 24 pips higher than the previous official spot USD/CNY close (6.3673 from 6.3649)."

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