Milreis


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Milreis

The former currency of Portugal and Brazil. It was subject to persistently high inflation. In 1911, it was replaced by the escudo in Portugal; in 1942, the cruzeiro was introduced in Brazil.
References in periodicals archive ?
Practices Commission v Milreis Pty Ltd, s 87 was narrowly construed as
324, 328 (French J citing Trade Practices Commission v Milreis Pty Ltd
Measures of physical productivity all give lower rates of output per machine and per worker for the sample firms than the average for the industry (6,256 milreis per worker and 185 milreis per spindle in the sample firms, versus 7,577 milreis per worker and 269 milreis per spindle for the modal firm).
Between 1923 and 1926, the milreis appreciated because of a substantial increase in coffee exports and tight monetary policies, which drove down the effective rate of protection and favored imported goods over these domestically produced.
40) To Vila Cova was added in 1604 the comenda of Sao Estevao de Aldroes in the bishopric of Porto, valued in 1605 at 140 milreis a year.
Jorge's annual rents from his comendas alone to 680 milreis; in comparison, his father held only one comenda valued (in 1560) at just 90 milreis a year.