The dollar has gained around 12 percent against the peso in the last two days. That puts the peso on track to post its biggest two-day plunge since its 1994 devaluation
Mexico's peso remained under pressure on Wednesday morning, weakening past 20 pesos per dollar after Donald Trump's surprise U.S. presidential election win
On Sunday, two days before the U.S. vote, the FBI said it stood by its earlier finding that no criminal charges were warranted against Clinton for using a private email server for government work
On Tuesday morning, Mexico's peso was selling on average at 19.45 per dollar in banks
The committee had adjusted the projected foreign exchange rate to 18.62 per dollar from a prior estimate of 18.20, and raised the revenue estimate by some US$2.77 billion
Brazil's central bank abstained from acting to weaken the currency despite doing so almost daily in July. Also boosted by the U.S. data, the Mexico peso gained 0.69 percent to close at 18.76 pesos per dollar.
The announcement of a reduction in public expenses pressured the dollar over the peso.
The peso has fallen more than a third against the dollar since the beginning of November 2014 and is down more than 8 percent on the greenback this year.
The currency has fallen 10 percent against the dollar year-to-date.
The dollar gained as much as 2.7 percent against the peso at 18.7425 per dollar, the Mexican currency's lowest level since Feb. 17.