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 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.