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Credit Cards Offer Safe Travel Amid Dollar Fluctuations
American Express executive Brooks Banker says travelers should use recognized cards like Money Card, Diners Club, and Carter Blanche when dollar instability limits local currency access. He notes merchants will bill in local currency, so charges translate to dollars on billing, easing overseas purchases. Bankers in Europe floated currencies, raising questions on future dollar value, but credit cards remain a flexible, widely accepted solution for travelers abroad.
MENTIONED IN THIS ARTICLE
Murray J. Brown
New York
UPI
West Europe
U.S
Brooks Banker
American Express Co
American Express
Diners’ Club
Carter Blanche
United States
West Germany
Netherlands
Bunkers
Switzerland
Austria
Peru
Kenya
Britain
France
Nairobi