US launches new $100 banknote

Published October 9, 2013
The new US $100 bill is seen in this handout photo provided by the Federal Reserve Bank of Philadelphia October 8, 2013. — Photo by Reuters
The new US $100 bill is seen in this handout photo provided by the Federal Reserve Bank of Philadelphia October 8, 2013. — Photo by Reuters
The new US $100 bill is introduced by Michelle Scipione, vice president of the Philadelphia Federal Reserve Bank Cash Services Department, during an event at the Benjamin Franklin National Memorial in Philadelphia October 8, 2013.   — Photo by Reuters
The new US $100 bill is introduced by Michelle Scipione, vice president of the Philadelphia Federal Reserve Bank Cash Services Department, during an event at the Benjamin Franklin National Memorial in Philadelphia October 8, 2013. — Photo by Reuters
Sandy Juarez, director of project management for the Federal Reserve Bank of Atlanta Miami Branch, holds a new $100 bill, Tuesday, Oct. 8, 2013, during a news conference at the Federal Reserve building in Doral, Fla. — Photo by AP
Sandy Juarez, director of project management for the Federal Reserve Bank of Atlanta Miami Branch, holds a new $100 bill, Tuesday, Oct. 8, 2013, during a news conference at the Federal Reserve building in Doral, Fla. — Photo by AP
This Sept. 24, 2013 file photo shows a sheet of uncut $100 bills as they make their way through the printing process at the Bureau of Engraving and Printing Western Currency Facility in Fort Worth, Texas. — Photo by AP
This Sept. 24, 2013 file photo shows a sheet of uncut $100 bills as they make their way through the printing process at the Bureau of Engraving and Printing Western Currency Facility in Fort Worth, Texas. — Photo by AP
This Sept 24, 2013 file photo shows sheets of uncut $100 bills moved during the printing process at the Bureau of Engraving and Printing Western Currency Facility in Fort Worth, Texas. — Photo by AP
This Sept 24, 2013 file photo shows sheets of uncut $100 bills moved during the printing process at the Bureau of Engraving and Printing Western Currency Facility in Fort Worth, Texas. — Photo by AP

WASHINGTON: The United States launches on Tuesday a new $100 bill that comes with, for the iconic greenback, a new touch of colour, as well as special features to foil counterfeiters.

In its first remake since 1996, the $100 banknote, which takes a key role in cash transactions for everyone from small traders to big drug traffickers worldwide, sports the traditional portrait of American Revolutionary War statesman Benjamin Franklin on the front.

On the back, too, it depicts Philadelphia’s Independence Hall, where the Declaration of Independence was adopted on July 4, 1776.

But it adds a yellowish “100” in one corner and, next to Franklin, a tan quill and bronze-coloured inkwell.

Cutting vertically through the middle of the banknote is a blue security ribbon.

The new design comes primarily to fight the increasing sophistication of counterfeiters, said Sonja Danburg, program manager in charge of currency education at the Federal Reserve.—AFP

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Kurram atrocity
Updated 22 Nov, 2024

Kurram atrocity

It would be a monumental mistake for the state to continue ignoring the violence in Kurram.
Persistent grip
22 Nov, 2024

Persistent grip

PAKISTAN has now registered 50 polio cases this year. We all saw it coming and yet there was nothing we could do to...
Green transport
22 Nov, 2024

Green transport

THE government has taken a commendable step by announcing a New Energy Vehicle policy aiming to ensure that by 2030,...
Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...