Turkey's lira firmed some 1.6% on Thursday to 10.45 against the dollar less than an hour ahead of a central bank policy rate decision, rebounding from an all-time low near 11.
The median estimate in a Reuters poll conducted last week was for a rate cut of 100 basis points to 15% at this week's central bank policy meeting, set for 2 p.m. local (1100 GMT).
But some economists have said the bank may hold steady after the lira lost as much as 9% this week.
The currency stood at 10.49 against the dollar at 1036 GMT, after weakening to a record low of 10.98 overnight.
(Reporting by Tuvan Gumrukcu and Ece Toksabay; Writing Ali Kucukgocmen; Editing by Jonathan Spicer)
