Redesigned currency to be issued
Northwestern Financial Review, Jul 15-Jul 31, 2002
Redesigned currency to be issued
By as early as fall 2003, the government will begin issuing redesigned $20, $50, and $100 bills, adding background colors and new security features to deter counterfeiting. The redesigns are aimed at making it harder to copy currency using advanced computer technologies. The Secret Service estimates that $47.5 million in counterfeit currency entered circulation in fiscal 2001. Thirty-nine percent was computer generated. The agencies also are considering redesigning $10 and $5 bills. The new currency will co-exist with current designs.
Copyright NFR Communications Inc Jul 15-Jul 31, 2002
Provided by ProQuest Information and Learning Company. All rights Reserved
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