Assume that the rate of inflation in Turkey will run about 5 per cent higher than the UK inflation rate over the next several years. Based on Relative Purchasing Power Parity, what will happen to the...

Assume that the rate of inflation in Turkey will run about 5 per cent higher than the UK inflation rate over the next several years. Based on Relative Purchasing Power Parity, what will happen to the Turkish lira versus British pound exchange rate assuming all other things being the same?