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M*: When Free Isn’t Free

FYI: Travelers quickly learn to avoid “no-commission” currency exchanges that lurk outside of baggage claim areas. With the rates they charge, they could pay their customers a commission and still turn a profit. (My favorite horror story: A German tourist swapped EUR 300 to a freelance trader, for what he was told was the equivalent sum of Mongolian tugrik. He received EUR 3 worth.)
Regards,
Ted
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