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 is the current record low interest rate in Australia as mentioned in the video?

• 3 percent

• 2.5 percent

• 1.5 percent

• 4 percent

What did the central bank governor of New Zealand say about the Kiwi dollar's exchange rate?

• It is stable and strong

• It is justified and sustainable

• It is weak and volatile

• It is unjustified and unsustainable

What was the reaction of the Kiwi dollar to the central bank governor's comments?

• It strengthened to above 80

• It weakened to below 78

• It strengthened to above 85

• It remained stable

What was the outcome of the Swiss vote regarding the central bank's gold reserves?

• The proposal was accepted

• The proposal was rejected

• The vote was postponed

• The proposal was partially accepted

What percentage of its balance sheet was the Swiss central bank required to hold in gold according to the rejected proposal?

• 20%

• 25%

• 15%

• 10%