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Brazil can weather market turbulence-cenbank chief

Thu Aug 2, 2007 1:17pm EDT
 
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SAO PAULO, Brazil, Aug 2 (Reuters) - Brazilian central bank President Henrique Meirelles said on Thursday the country's economy is in solid shape and can weather the turbulence that has been shaking global markets in recent weeks.

Brazil's currency, the real BRBY, and the benchmark Bovespa index .BVSP of the Sao Paulo stock exchange tumbled last week on concerns a U.S. credit crunch would cut investment flows to emerging markets.

 

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