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The Nexus
BUSINESSMay 11 · 10:13 UTCBLOOMBERGKerim Karakaya

Lucrative Lira Bets Are at Risk of Unraveling as Oil Shock Hits Turkey

Turkey's lucrative lira bets are at risk due to an oil shock hitting the country. The situation may lead to economic instability and potential losses for investors. Turkey's economy is heavily reliant on oil imports, making it vulnerable to price fluctuations.

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