“The UK economy shrank by 0.1% in March and economists expect further contractions this year.” https://www.cnbc.com/2022/05/31/sterling-is-taking-on-emerging-market-characteristics-bank-of-america.html?__source=sharebar|twitter&par=sharebar
“Politicisation of policy undermines pound as BoE flounders. Pound is third-worst-performing major currency this year.” https://www.bloomberg.com/news/articles/2022-05-30/sterling-risks-existential-crisis-with-em-parallels-bofa-says
“The euro currency was introduced as cash on 1 January 2002. The single currency has mitigated the impact of external…
“Turkey is in the throes of an economic crisis with official inflation figures above 21%.” https://www.msn.com/en-gb/money/other/bulgarian-shoppers-find-bargains-in-turkey-as-lira-struggles/ar-AASaNal?ocid=st