The British pound and euro continued to fall against the Vietnamese dong, as gold prices in the Southeast Asian country soared on Monday, three days after Brexit.

Sterling was yesterday quoted at VND30,057.59 at Vietcombank, down a further VND1,262.9 since the weekend.

Compared to the pre-Brexit period, or before results from the June 24 referendum revealed that Britain had voted to leave the European Union, the pound lost as much as VND3,253.8, or a 9.76 percent decrease.

The euro also fell to VND24,808.05, losing VND276.78 since the vote.

In the meantime, gold prices in Vietnam rose to VND35.35 million ($1,578) a tael (37.5 grams), up VND200,000 ($8.93) from the weekend, following a rise on the global market.

Global gold prices surged to $1,327.7 an ounce, or VND35.8 million a tael, on Monday. The gap between Vietnamese and global gold prices narrowed to below VND450,000 ($20.09) a tael.

On stock markets, the benchmark VN-Index soared 0.08 percent to 621.27 points at the close on Monday.

On the same day, the pound inched up 0.5 percent to $1.3298, while the euro was stable at $1.1042, Reuters reported on Tuesday. On Saturday, as the Brexit aftermath began, the GBP dropped as far as $1.3122 from highs near $1.5000 the night before, while the euro slipped to the three-month low of $1.0912.

The drops in both GBP and EUR against the VND and the U.S. dollar will have an adverse impact on Vietnamese exporters to the UK and the EU, according to local banks.

However, transactions in EUR and GBP at banks in Vietnam will not be affected, as the two currencies only account for some 10 percent of the total, with the greenback making up the remaining 90 percent.

Local analysts also said the Vietnamese stock market has already started recovering from the weekend's fluctuation.

“Brexit is causing a much smaller impact on investors and money has started flowing in,” one expert commented.

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