Gisele Bundchen’s manager, who also happens to be her sister, has rubbished claims that the supermodel demands to be paid in euros rather than dollars.

The Brazillian stunner had allegedly refused to accept American currency because the dollar is too “weak”.

However, Patricia Bundchen who had supposedly been quoted making the money demands denies such comments and claims her sister is simply "bemused" by the reports.

Patricia says: "It's a joke by some journalist, it's ridiculous. I never said that to any press organisation. We never talk about Gisele's contracts, and even less so the money involved.

"(Gisele) is continuing to sign her contracts in dollars or euros, as she has always done. "She is bemused by these reactions. This information is not true ... I do not recall ever having said anything that could be interpreted in that way."