The governor of Brazil's central bank expressed optimism about his country economy on Friday, declaring that “credit is back to normal” and “the economy is recovering on a sustainable path.” The comments from Henrique de Campos Meirelles came as part of a panel discussion in New York City at an event held by the Economist magazine. He said his country was able to navigate the financial crisis fairly well, largely due to a solid regulatory structure. De Campos also said that as countries reform their financial systems, harmonizing rules across national borders would have benefits, calling this the “best option.”
