Swiss Franc Jumps on Gold Vote

The video discusses major central bank meetings, starting with Australia, where the Aussie dollar is at a four-year low. Bloomberg forecasts a potential interest rate cut within 12 months. In New Zealand, the central bank governor comments on the Kiwi's unjustified exchange rate, leading to its decline. Meanwhile, the Swiss franc rises after voters reject a plan requiring the central bank to hold more gold.

What was the outcome of the Swiss referendum regarding the central bank's gold holdings?

What percentage of its balance sheet was the Swiss central bank required to hold according to the proposed plan?