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Turkish lira plunge: How Zara could gain from Turkey's economic pain

Fast Company Magazine
Turkish lira plunge: How Zara could gain from Turkey's economic pain

Everybody is freaking out about how Turkey's currency is in a tailspin. The lira plunged 17% against the dollar and 18% against the euro on Friday. This instability is causing anxiety in Turkey, which sees an economic crisis brewing. But Turkey's pain is clothing-brand Zara's gain. Its parent