British pound sterling continued to lose its value against dollar and euro, BBC reported.

The currency had fallen more than 2%, dropping below $1.21, while against the euro it fell below €1.10.

Since June 23 the pound has now fallen about 18% against the dollar since the referendum, to levels not seen since 1985.

As the single European currency has also fallen in price against dollar, decline of pound against euro was not so expressed and now course is approximately at the level of 2013.

British currency rate remains at the lowest level after prompt collapse last Friday when it has failed to mark 1.18 dollars before returning  a part of the lost value.