when the average people lose more than 1/3 of their life savings overnight, and bankers call it a "positive step", you know what kind of twisted world we are living in.
From the article
The dollar now buys 4,930 roubles at the official rate, up from 3,155 - but still well below the freely-traded interbank rate of about 7,000 roubles
I believe that recognizing (still not fully) the market reality can only be a good thing indeed. Conducting a monetary policy with inflation in mind is another story, though.