Dollar gains, euro slips after expected ECB rate increase

Latin American Currencies Split as Europe Raises Rates and Oil Jumps Above US$100

ECB raised rates to 2.50%, oil jumped to $104.61 on supply cuts; Latin currencies diverged—real and Colombian peso up, Mexican and Chilean down amid global tightening. For tech teams, divergent regional currency moves and rising financing costs selectively pressure outsourcing spend and budget ROI.