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Banco de Portugal

Banco de Portugal Definition

The Banco de Portugal is the central bank of the Republic of Portugal. Founded in 1846 in Lisbon, the bank issues legal tender that is designated as national currency - the real until 1911, the escudo from 1911 until 1998, and the euro since1999.

It is an integral part of the European System of Central Banks, which was founded in June 1998.




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