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According to data from the Bank of England, the trade-weighted pound fell to 80.5, Reuters reports.
This was its lowest level since July and it had more negative news when the euro managed to reach its highest rate against the pound since late May.
However, it has not been all doom and gloom for sterling today as it gained against the weak dollar after suggestions from the US Federal Reserve that further monetary easing might be on the cards.
Earlier this morning it traded 0.4 per cent higher on the day at $1.5670 and at one stage stood at $1.5716.
But the euro's increase of 0.4 per cent to 85.38 pence was helped due to demands from a US investment bank for euros against the dollar, according to traders.
Posted by Greg Secker
