Foreign investment helps Brazil recovery-Meirelles

Tue Jul 14, 2009 1:13pm EDT
 
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SAO PAULO, July 14 (Reuters) - Foreign direct investment inflows are signaling the Brazilian economy is gradually emerging from recession with little inflation risks, Central Bank President Henrique Meirelles said on Tuesday.

Meirelles, speaking at an event in Sao Paulo, also said he views recent signs of global economic recovery with caution.

"The main question is when that recovery will come in a more consistent form," Meirelles said in a speech.

(Reporting by Aluisio Alves, Writing by Guillermo Parra-Bernal)

 

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