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06.07.202014:52 Forex Analysis & Reviews: UK opens borders

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Exchange Rates 06.07.2020 analysis

The epidemiological situation in the UK has stabilized. In April, the number of new cases of COVID-19 reached almost 9 thousand people, but now the number of new cases hardly reaches 1,000 people per day. In this regard, Prime Minister Boris Johnson is ready to lift quarantine measures.

Earlier, the Prime Minister eased requirements for social distancing. Restaurants and bars will resume their work soon. Besides, beauty salons and pools will open next week. However, Mr. Johnson said that if measures to prevent the second wave of coronavirus infection do not work, then the country's economy will be shut down again.

Moreover, from July 10, the borders of the United Kingdom will be open to tourists from more than 50 countries.

This list includes France, Germany, Italy, and Spain. However, citizens of other countries, especially of the US, will be forced to stay in 14-day quarantine.

British Transport Minister Grant Shapps noted that the whole country was doing its best to lift the quarantine as soon as possible. However, safety comes first. All measures will be taken to prevent the further spread of COVID-19 if the level of infections in the country begins to rise again.

According to the latest data, there have been 283,757 confirmed coronavirus cases and 43,995 deaths in the UK.

Kate Smirnova
Analytical expert of InstaForex
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