The rand traded at 18.3675 against the dollar (ZAR=D3), which is 0.14% stronger than its previous daily close.
The DXY (USD) was last trading down 0.15% against a basket of currencies.
“The April US CPI print will provide fresh insight into consumer price pressure in the United States and possibly shed more light on the timing of possible rate cuts by the US Fed.
South African investors will also focus on March retail sales figures.
On the stock market, the Top-40 (.JTOPI) and the broader all-share (.JALSH) indices were both about 0.6% higher in early trade.
South Africa’s benchmark 2030 government bond was stronger in early deals, with the yield down 3.5 basis points at 10.480%.
