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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.

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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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