Former Portuguese currency (6)

I believe the answer is:

escudo

'former portuguese currency' is the definition.
(I've seen this before)

This is the entire clue.

(Other definitions for escudo that I've seen before include "Old unit of money in Portugal" , "Former monetary unit of Portugal" , "Former European currency unit" , "Old monetary unit of Portugal" , "Former Portuguese currency unit" .)

I've seen this clue in The Telegraph.

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