East Rand Stereo well known for its variety and fun-to-listen-to music selection, day and night and also broadcasts various focused programs such as Gospel, Country, Boeremusiek and Classical Music In 2005 East Rand Stereo once again became a leader in the industry, when it became the first community radio station in South Africa to broadcast using RCS (Radio Computer Software), which was in the past only used by Larger Commercial Radio Stations. East Rand Stereo is also one of few community radio stations with a fully operational newsroom and a news team, providing local news to its community, including two daily "good-news" bulletins.
Currency war seen as an attractive solution to unemployment when other options, like increased public spending, are ruled out due to high public debt, or when a country has a balance of payments deficit which a devaluation would help correct. A reason for preferring devaluation common among emerging economies is that maintaining a relatively low exchange rate helps them build up foreign exchange reserves, which can protect against future financial crises. A state wishing to devalue, or at least check the appreciation of its currency, must work within the constraints of the prevailing International monetary system. During the 1930s, countries had relatively