The rand starts the day from a back over R14 to the US dollar.
The local currency took a steep slide on Wednesday in reaction to a surging US dollar.
The dollar rose after the US central bank indicated it expected to see two interest rate hikes in 2023.
A higher interest rate environment strengthens the dollar and by extension, weakens emerging market currencies like the rand.
A weaker rand can push up the petrol price and make other imported goods more expensive.