Stocks ended slightly lower with gold shares among the biggest decliners as traders pared their safe-haven holdings after Turkey's government said it was in control of the country and the economy.
At 1549 GMT, the rand traded at 14.267 versus the dollar, 2 percent stronger than last Friday's close.
"We believe it is an exaggeration to believe the political noise in Turkey may affect the general price dynamics in other major emerging markets, especially the high-yielding ones," Citi said in a note.
Foreign investors have been net buyers of South African assets so far this year, splashing out nearly R115 billion on bonds and equities, a near two-fold increase on the same time a year go.
