Russia's central bank announced a 25 basis point rate cut.

<P> 29, Central Bank of Russia announced that starting from April 30 Jiangzai financing interest rate from the current 8.25% to 8%, other market interest rates were also reduced to different extents. .Analysts say the move is to stimulate economic recovery. .</ P> <P> This is the third time this year the Russian central bank cut interest rates, interest rates are the first two in February and March at a rate were 0.25%. .Russia's central bank cut interest rates last year, a total of 10 times, the cumulative rate cut of 4.25 percentage points. .</ P> <P> Russia's central bank said that the level of future interest rate will be considering further adjustments to the consumer price index, industrial production, credit and other indicators. .</ P> <P> 28 Russian Economic Development Ministry figures released show that a quarter of Russia's GDP grew 4.5%, but other aspects of investment and consumption have shown that Russia's economic recovery is still not stable. .</ P>.