The lira stood at 5.3490 to the U.S. dollar at 0710 GMT from Monday's close of 5.3231. Earlier it had reached 5.3540, its weakest in about a week.

"The tone in tomorrow's report is important, signs of a lowering in interest rates will be looked out for," a banker said. The central bank is expected to announce its quarterly inflation report at 0730 GMT on Wednesday.