The rand weakened slightly against the dollar on Monday.
It traded at R10.7280/dollars at 15:08 GMT down 0.5 percent from Friday’s New York close.
The currency has traded above R11/dollars for nearly a month despite an ongoing platinum sector strike, the first electricity blackouts in six years and political tensions in Ukraine which have kept emerging market assets under pressure.
The rand should trade in the region of R10.67-R10.82 in the days ahead, said one trader.
“We’ve got the Fed, we’re certainly watching the Ukraine situation but the rand seems to be holding well,” he said.
Government bonds were steady, with the yield on the 2026 government bond unchanged at 8.55 percent while that on the 2015 paper was 3 basis points up to 6.925 percent.