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The UK Finance Minister Sajid Javid, in a statement on Tuesday, said that there would be a return of duty-free shopping for travelers to the European Union if the country leaves the bloc without a deal.

Key Quotes:

“As we prepare to leave the EU, I’m pleased to be able to back British travellers.”

“We want people to enjoy their hard-earned holidays and this decision will help holidaymakers’ cash go that little bit further.”  

The comments have no impact on the Cable, as it wavers around 1.2330 region.