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 board Currency board A currency board is a monetary authority which is required to maintain a fixed exchange rate with a foreign currency. This policy objective requires the conventional objectives of a central bank to be subordinated to the exchange rate target. The main qualities of an orthodox currency board are: The currency board in question will no longer issue fiat money but instead will only issue one unit of local currency for each unit (or decided amount) of foreign currency it has in its vault (often a hard currency such as the U.S. dollar or the euro). The surplus on