Supermodel 'rejects dollar pay'

The world's richest model has reportedly reacted in her own way to the sliding value of the US dollar - by refusing to be paid in the currency.

Gisele Bündchen is said to be keen to avoid the US currency because of uncertainty over its strength.



The Brazilian, thought to have earned about $30m in the year to June, prefers to be paid in euros, her sister and manager have said.

According to Brazil's weekly magazine Veja, when Ms Bündchen signed a deal to represent Pantene hair products, she demanded that the brand owner, Procter & Gamble (P&G), paid her in euros.

Last week the dollar hit long-term lows against the euro, the British pound and the Canadian dollar.