South Africa's rand held steady against the dollar on Monday after firming in early trade, supported by gold and positive emerging market sentiment.
Trade was thin due to a market holiday in the United States and amid consolidation ahead of the presentation of South Africa's budget on Wednesday.
The local unit was trading at 7.1240 to the dollar at 1530 GMT, 0.4 percent stronger than Friday's close in New York, but it was off the session's firmest mark of 7.10.
Dealers said the rand was trading fairly strong, with gold near a 7-month high and emerging markets broadly positive.
Read more at Reuters South Africa
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