Rand Stadium Rand Stadium The Rand Stadium is a stadium in Rosettenville, a suburb of Johannesburg, South Africa. It was set to be utilized as a training field for teams participating in the 2010 FIFA World Cup after being completely rebuilt and reopened in August 2008. Despite the relatively small capacity, it is regarded as one of the best playing surfaces in the country. Rand Stadium was constructed between 1949 and 1951 at a cost of £60,000 with a capacity of 15,000. Over time extensive renovations have been carried out, the first between 1964 and 1965 in which facilities were added and
Currency governments intervene in the market to buy or sell their currency to balance supply and demand at a static exchange rate. In cases where a country has control of its own currency, that control is exercised either by a central bank or by a Ministry of Finance. The institution that has control of monetary policy is referred to as the monetary authority. Monetary authorities have varying degrees of autonomy from the governments that create them. A monetary authority is created and supported by its sponsoring government, so independence can be reduced by the legislative or executive authority that creates it.