Ukrainian currency hits 10-year low

Ukraine's currency, the hryvnia, has fallen to a new low of 10 to the US dollar. The currency's decline reflects political upheavals and longer-term persistent economic weakness.

Egypt sells $600 million to import basic goods

CAIRO (Reuters) - Egypt's central bank sold $600 million to banks in a special auction of foreign exchange on Sunday to pay for wheat, meat, cooking oil and other essential imports to a country struggling with a currency crisis.

Egypt election outcome makes economic challenge tougher

CAIRO (Reuters) - The success of two polarizing figures in Egypt's presidential election could make it harder to put in place an effective government that can tackle an economic crisis and secure vital foreign aid.