🇵🇹 Who remembers these banknotes? 🇵🇹 Portugal’s Final Escudo Banknotes (1996-2002): A Farewell to History 💸 500 Escudos (1996): João de Barros 📚 – The “Portuguese Livy,” known for his chronicles of Portuguese conquests and discoveries. The reverse features scenes of maritime exploration. 1,000 Escudos (1996): Pedro Álvares Cabral 🌎 – The navigator who discovered Brazil, with a fleet depicted on the reverse. 2,000 Escudos (1996): Bartolomeu Dias ⛵ – First European to sail around Africa’s s

WATCH: Brazil’s central bank has cut its benchmark interest rate by larger-than-expected 50 basis points. Travis Waldron reports.

WATCH: Brazil’s central bank chief Roberto Campos Neto discusses monetary policy and the state of the economy.