At 0717 GMT, the rand traded at 18.3375 against the dollar, near its previous close of 18.3350.
On the stock market, the Top-40 and the broader all-share indices were about 0.3% lower in early trade.
There are no major economic events scheduled in South Africa this week and the focus will turn towards U.S. inflation figures on Friday.
South Africa's benchmark 2030 government bond was weaker in early deals, the yield up 3.5 basis points to 9.725%.
(Reporting by Bhargav Acharya; editing by Jason Neely)
