South Africa’s rand was holding steady against the dollar in early trade on Monday.
Oil edged higher to near $42 a barrel in Asia on Monday - but analysts said the increase was unlikely to last.
The dollar strengthened against the yen on Monday, extending its gains after strong job figures in the United States.
Investors flocked to higher-yielding assets on Monday after strong US jobs data lifted confidence.
The rand is heading for “record highs” started to look a little hopeful but South African assets did gain ground for a third day in a row.
Iamgold’s CEO says his bullion producer will return to profitability in the second half of this year, provided prices stay above $1 300 an ounce.
Bonds and the rand may extend gains as the ruling ANC’s election bruising adds pressure on it to introduce economic reforms.
Most Asian stock markets rise after the Bank of England launches a larger-than-expected post-Brexit stimulus package.
The British pound licked its wounds on Friday after the Bank of England cut interest rates and restarted its bond purchase programme.