The dollar fell to 71 rubles.
The Bank of Russia announced a reduction in the key rate to 14% from 17%.
In a statement, the regulator said that despite the difficult economic conditions that constrain activity in various sectors of the economy, the risks that have been increasing over the past few months have decreased, which made it possible to reduce the interest rate.
As for further decisions, the bank intends to take into account the dynamics of inflation against the background of the restructuring of the Russian economic structure, as well as external and internal threats and the reaction of financial markets, reports MK.
At the same time, as RIA Novosti points out, the dollar exchange rate has fallen significantly, to 71 rubles per unit.
Judging by the data of the Moscow Stock Exchange, at 11.47 am, the dollar exchange rate fell by 1.1 rubles (70.98), the euro by 61 kopecks (74.76).
The last time such a minimum was observed was in November last year.
The central bank set the dollar exchange rate for Friday at 72.3 rubles, the euro at 75.3 rubles.
In addition, on the morning of April 29, the price per barrel of Brent oil increased by 0.9% ($ 108.22), WTI — 0.54% (105.92).
As Topnews wrote earlier, experts report an imminent reversal of the dollar exchange rate and call the timing.