USD/MXN has begun to correct lower after its recent bullish burst, but the tide may turn again if the Omicron variant proves more contagious and deadly than previous Covid-19 strains.
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(Bloomberg) Mexico was the first Latin American nation to administer a vaccine against Covid-19 last December and has received by far the most donations from the U.S. Yet it’s now fallen far behind regional peers in the inoculation battle.