MOSCOW, March 11. /TASS/. The dollar exchange rate in the Russian interbank market has declined below 85 rubles for the first time since August 7, 2024, according to Finam platform data.

As of 4:12 p.m. Moscow time (1:12 p.m. GMT) the dollar exchange rate was down by 3.01% at 85 rubles. By 6:17 p.m. Moscow time (3:17 p.m. GMT) the dollar had extended losses to 3.15% as it traded at 84.875 rubles.

Meanwhile, the euro exchange rate in the Russian interbank market was down by 2% at 93.061 rubles as of 6:18 p.m. Moscow time (3:18 p.m. GMT).