Topic: Forex Trading - Comment: why currency surcharges are unfair - Telegraph.co.uk(Forex News)

The need to impose extra charges to counter the strengthening euro and the rising cost of oil is understandable – airlines have been imposing fuel surcharges for years. Already, 25 tour operators have been given permission to do so, including long-haul operators such as Bales, cruise companies such as Rembrandt Cruises, and even school tour specialists such as STS and STG. Abta says that before tour operators impose any charges they must absorb rises equal to two per cent of the holiday price. The charges will not only compound the financial burden faced by British tourists heading to the euro-zone (who can already expect to pay 20 per cent more than last year for food, drink and local services), and encourage those yet to book to ensure they travel to non-euro countries. read more

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