FlyerTalk Forums - View Single Post - End of the Dollar Clamp - Tourist Experience discussion
Old Dec 17, 2015, 11:25 am
  #16  
Dieuwer
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Join Date: Aug 2005
Location: BOS
Posts: 15,027
Originally Posted by phoochka
So with no premium for exchanging cash USD/EUR etc, hotels have instantly become much more expensive? If the restaurants raise their prices (following the domestic increases in the prices of beef and other commodities), then eating out for tourists will be hit with a double whammy - one on account of the higher prices per se and the other due to the worse exchange rate.

Do I see that right?
Prices are still set by supply and demand.
Maybe you should consider vacationing in Brazil instead
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