SA's rand strengthened by 2% on Monday after ratings agencies affirmed the country's investment grade credit rating.
American stocks declined on Monday for their worst performance in nearly a month.
OPEC is trying to rescue a deal to limit oil output as tensions grow among the group and Russia.
South Africa's rand hovers near three-week highs against the dollar on Monday morning.
Oil prices slid on Monday amid fears that producer countries meeting this week could fail to agree on an output cut.
The dollar retreated against major currencies on Friday as a pullback in US bond yields prompted some investors to take profits.
Forget the stagflation of the 1970s. Higher oil prices would be a boon for the global economy, according to Goldman Sachs.
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.
European shares edged up on Thursday, with chemical and insurance companies among the top gainers.
Forecasts about South Africa's volatile currency haven't been this scattered since at least 2006.
JSE advisory committee expresses apprehension about quality of white corn imported by South Africa.
The dollar index, which tracks the greenback against a basket of six major peers, rose 0.1 percent to 101.77.
Donald Trump's election as US president is driving global markets to levels not seen in nearly two decades - but in completely different directions.
Accelerated foreign capital flight push offshore Chinese yuan to record lows while the Indian rupee and Turkish lira near similar milestones.