I was wondering if the published exchange rates on newspaper are the interbank rates (rates that banks charge each other). For example, I recently saw a USD$1 to HKD$7.80 rate published in a newspaper and when I withdrew money from a HK ATM using a US ATM card, the rate I calculated is 1:7.7999. I knew I won't get hit with ATM fees because I checked with my bank already, but I thought (at least I was told by other FTers) that ATM withdrawals are also subjected to the universal 1% foreign currency conversion fee. If the published rates are not interbank rates, then where can I find those numbers? Thanks in advance.

LAX