Brazil is emerging stronger from the international financial crisis, said Central Bank Governor Henrique Meirelles on Wednesday.
“Recovery is happening at a fast pace,” Meirelles told businessmen in Sao Paulo.
He mentioned encouraging economic figures in Brazil in the past months, such as foreign exchange reserves, which jumped from 205 billion U.S. dollars in September 2008 to 241 billion dollars in 2010, despite the crisis.
Foreign direct investment is expected to reach 45 billion dollars this year, Meirelles added.