The shilling strengthened nearly 2 percent at the market's open on Wednesday to touch 96.30/50 against the dollar, against. Tuesday's close of 98.00/50. Photo/FILE

The strengthening shilling is expected to ease consumers’ pain by reducing the costs of imports like fuel and raw materials for essential goods.
The shilling touched 96.30 units to the dollar on Wednesday, two shillings stronger from 98.50 on Tuesday, but later weakened to 96.50 on heavy demand for the US currency from importers.
Currency traders predicted a stronger shilling in coming days. Read more.