By 0620 GMT the rand firmed 0.1 percent to 11.4800.
Local bonds maintained their safe-haven appeal, with the benchmark government paper due in 2026 shedding 8 basis points in early trade to 7.57 percent to a fresh 6-week.
Data from the Johannesburg securities showed foreign investors bought more than $700 million worth of South African bonds in the past week.
Numbers on Friday showing a fall in US average wages pushed back market predictions that the US Federal Reserve would hike interest rates by mid-2015, with some investors opting to remain in high yield developing economy assets.
In local data, South Africa's statistics office publishes manufacturing output data for November at 1100 GMT.