Reply To: DoubleTree resort requesting early payment

[John]

The Argentina thing is completely different because nobody is trying to predict the future exchange rate, it’s only about getting the best rate at the time you are there, and I believe the point is that now using card is only a few percentage points away from bringing cash and needing to find a safe place to exchange it.

Medium term the Turkish lira is only headed one way, but over a period of a month it might even appreciate slightly. For example end of January it was 20.7 lira per € and end of February it was 20.