Emerging stocks rise marginally but are headed for their biggest monthly fall since January.
The dollar pared earlier losses against the yen and euro on Wednesday as traders awaited news from the OPEC gathering.
SA's rand plunged as much as 2.5% as the dollar recovered globally and President Jacob Zuma survived calls to step down.
Italy's political woes weighed on the euro and the greenback remained shy of recent highs on Tuesday.
SA's rand strengthened by 2% on Monday after ratings agencies affirmed the country's investment grade credit rating.
South Africa's rand hovers near three-week highs against the dollar on Monday morning.
The inflation outlook and inflationary expectations are clearly Lesetja Kganyago's main concerns, reports Adri Senekal de Wet.
South Africa's rand shivers after the Reserve Bank's warning about inflation pressures.
Forecasts about South Africa's volatile currency haven't been this scattered since at least 2006.
The dollar index, which tracks the greenback against a basket of six major peers, rose 0.1 percent to 101.77.
Dollar takes a breather on Tuesday as investors consolidate gains built on expectations of increased fiscal spending in the US.
SA's rand steadied on Monday, but remained in jeopardy against the dollar on bets that Donald Trump's administration will ...
The pressure on the rand comes as South Africa waits for Moody's to pronounce on its review on the country's rating.
India's crackdown on counterfeiting has panicked tourists from South Africa as they struggle to get cash and face a fleecing at exchange bureaux.
Dollar rattled by speculation that US Federal Reserve chief Janet Yellen will express concern over the pace of its recent surge.