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Thread: Current exchange rates in China
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Old Nov 18, 2008 | 10:26 pm
  #4  
Crocodile
 
Join Date: Dec 2007
Location: Melbourne, Australia
Programs: CX Silver, QFF Bronze, Mabuhay Miles
Posts: 571
Originally Posted by Shareholder
My room at the IC was 2,024 RMB and was billed to Amex as C$373 which would have been about US$320. That's about 6.3 RMB=US$1.
Is this because they processed the transaction at the hotel in CAD and not RMB? ie, they did the currency conversion and not the bank?
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