Commodity currency Canadian dollar, New Zealand dollar, Norwegian krone, South African rand, Brazilian real, Russian ruble and the Chilean peso. Due to the nature of commodity currencies being tied to commodities, being tied to any one good can be beneficial as well as problematic for the country. While naturally, falling or rising exports will lead to deflation or inflation respectively in any country the impacts are more severe in countries with commodity currencies at their currency is so heavily tied to a set few commodities. According to a 2009 study on commodity currency titled “Can Exchange Rates Forecast Commodity Prices?” by Yu-chin
East Rand Stereo studios, a fully operational newsroom and a news team, various administrative offices, permanent staff, an active sales team and approximately 20 freelance presenters and technical engineers. East Rand Stereo currently broadcasts from Springs and supplies local entertainment and news to most parts of Ekuruleni, also known as the East Rand. Areas currently covered include Springs, Brakpan, Benoni, Parts of Boksburg, Parts of Kepmton Park, Parts of Germiston and Parts of Alberton. From its early days to now, it has been important for East Rand Stereo to give something back to the community to whom it broadcasts. East Rand Stereo not