We study the persistent current of correlated spinless electrons in a continuous one-dimensional ring with a single weak link. We include correlations by solving the many-body Schrodinger equation for several tens of electrons interacting via the short-ranged pair interaction V (x − x ′ ). We solve this many-body problem by advanced configuration-interaction (CI) and diffusion Monte Carlo (DMC) methods which rely neither on the renormalisation group techniques nor on the Bosonisation technique of the Luttinger-liquid model. Our CI and DMC results show, that the persistent current (I) as a function of the ring length (L) exhibits for large L the power law typical of the Luttinger liquid, I ∝ L −1−α , where the power α depends only on the electron-electron (e-e) interaction. For strong e-e interaction the previous theories predicted for α the formula α = (1 + 2αRG) 1/2 −1, where αRG = [V (0) − V (2kF )]/2π vF is the renormalisation-group result for weakly interacting electrons, with V (q) being the Fourier transform of V (x − x ′ ). Our numerical data show that this theoretical result holds in the continuous model only if the range of V (x − x ′ ) is small (roughly d 1/2kF , more precisely 4d 2 k 2 F ≪ 1). For strong e-e interaction (αRG 0.3) our CI data show the power law I ∝ L −1−α already for rings with only ten electrons, i.e., ten electrons are already enough to behave like the Luttinger liquid. The DMC data for αRG 0.3 are damaged by the so-called fixed-phase approximation. Finally, we also treat the e-e interaction in the Hartree-Fock approximation. We find the exponentially decaying I(L) instead of the power law, however, the slope of log(I(L)) still depends solely on the parameter αRG as long as the range of V (x − x ′ ) approaches zero.