FRANKFURT, June 20 (Reuters) - Brazil should be able to shake off the current economic slowdown and return to robust growth, while keeping an eye on capital outflows, the country's central bank chief Alexandre Tombini was quoted as saying on Thursday.
Brazil's gross domestic product (GDP) grew 1.9 percent in the first quarter from the same period a year earlier. Tombini said that while the country was unlikely to see such growth as 7.5 percent in 2010, speeding up from current levels was expected.
'Average growth of 4 to 4.5 percent is doable,' he told German daily Handelsblatt in an interview.
Tombini said the country had been successful in fighting instabilities from capital inflows, and must now do the same when money starts to flow out.
'Now one has to take care that capital outflows and normalisation do not lead to new instabilities,' Tombini said.
The central bank head also said that the central bank remained focused on fighting inflation.
(Reporting by Sakari Suoninen Editing by Jeremy Gaunt) Keywords: BRAZIL CBANK/TOMBINI
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