At 0635 GMT, the rand was trading at 16.2175 against the dollar, little change from its previous close of 16.2225.
The dollar index, which measures the currency against six rivals, traded at 105.28, after plunging overnight following a weaker-than-expected US inflation report.
The rand, which is very sensitive to fluctuations in global market sentiment, rose as much as 2.9% on Wednesday after the report.
Statistics South Africa will release data on mining in June 0930 GMT and manufacturing 1100 GMT.
The government’s benchmark 2030 bond was down slightly in early trades, with the yield up 1.5 basis points to 10.030%.