USD/CNY fix model: Projection at 6.52 - Nomura

Nomura's model projects the fix to be higher by 14 pips from the previous fix (6.5200 from 6.5186) and lower by 4 pips from the previous spot USD/CNY official close of 6.5204. Nomura adds that "the basket implied change was higher by 16 pips from previous spot USD/CNY official close (6.5220 from 6.5204)."