Purchase of foreign assets by a domestic investor, who then transfers the purchased asset to a domestic bank branch located offshore. Funds from the foreign asset are later transferred to a domestic country bank account.
Related information about blue chip swap:
- Blue Chip Swap Definition | Investopedia
When a domestic investor purchases a foreign asset and then transfers that asset to a domestic bank branch located offshore. Then, the funds from the foreign ...
- What is blue chip swap? definition and meaning
Definition of blue chip swap: Purchase of foreign assets by a domestic investor, who then transfers the purchased asset to a domestic bank branch located ...
- Argentina Hurts the Peso - WSJ.com
May 1, 2012 ... This rate, called the "blue-chip swap rate," fell to 5.69 Argentine pesos per dollar, a 29% discount to the official rate, on April 18, two days after ...
- Argentine Peso Surges in Unregulated Market on Rule Change ...
Aug 10, 2012 ... The peso rose 6.3 percent this week to 6.2876 per dollar in the so-called blue chip swap market at 2:57 p.m. Buenos Aires time. The rally is the ...
- Argentina's revived blue-chip swap market | IFLR.com
Jul 17, 2012 ... Argentina's blue-chip swap market is being revived. Here's how the Central Bank is cracking down.
- “Informal” and “blue” dollar in Argentina soars to 6.60 and 6.78 ...
Jul 18, 2012 ... In the blue-chip swap market, which sets the implied exchange rate used to buy Argentine assets traded abroad, the peso traded at 6.78 per ...
- Morally Bankrupt: ARSUSD Blue Chip Swap Rate (BCS)
Nov 11, 2012 ... Quick post since I've been approached multiple times in the last few weeks about the calculation of the Blue Chip Swap Rate (BCS), a popular ...
- Argentina Parallel Forex Rate Weakens After Fund Rule Rally | 4 ...
Aug 10, 2012 ... The blue-chip swap peso closed at ARS6.24 to the dollar Friday, ... The blue-chip swap, which involves the purchase of local stocks and bonds ...