Originally Posted by
MSPeconomist
It can be the case that you are charged in the local currency but the US$ rates are definitive. So you're charged using the exchange rate on the day you check out and the amount in local currency is variable. IMO this should be made more clear at the time of booking.
That is not my experience.
The rate in local currency is definitive, but the actual USD amount is dependent on the day the charge is processed by your CC company. So this is actually very clear in that the rate in USD will fluctuate as exchange rate fluctuates.