Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email 
licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at 
https://www.ft.com/tour.
 
https://www.ft.com/content/815ef487-0d0e-430c-b140-9bc39dbd1a53
 The Argentine peso has fallen below the level it reached before the US Treasury began purchases earlier this month, in a sign the Trump administration’s financial support is failing to halt the currency’s slide ahead of a crucial election for libertarian President Javier Milei.
The peso dropped almost 1 per cent on Monday to close at 1,477 against the dollar, a new record low, near the bottom of an exchange rate band adopted in April.