FlyerTalk Forums - View Single Post - Issues involving foreign exchange conversion rates
Old Aug 29, 2006 | 3:01 pm
  #29  
JustMe551122
 
Join Date: Dec 2003
Posts: 126
This is true of so many other places where the currency is not a strong currency (i.e., YEN, EURO, STERLING to name a few). The problem is that hotels and the travel industry have a rate for local currency against a strong dollar. One of them is the IATA dollar rate. The hotel did charge you at a flat dollar rate US, however the exchange rate is fully variable. Nothing you can do I believe. By the way what will you do with the extra 3% charged by the Credit Card
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