The lira currency and bonds are expected to remain steady on Friday, helped by strong foreign interest in Turkish assets, but the stock market may see some profit-taking, bankers said. "World oil prices have touched new highs and there are risks linked to (Turkey's bid to join) the European Union, but we still expect the optimistic mood to be preserved thanks to a big inflow of foreign money," one banker said.
The target range for the lira is between 1.3450 and 1.3600 to the dollar, he said. The lira finished at 1.3555 to the dollar on Thursday, up slightly from a previous 1.3560.