Central Banking

New $100 bill the ‘most sophisticated piece of currency' to date, says Fisher

New 100 dollar note

The US Federal Reserve has issued a redesigned $100 note it is hoping will scare off counterfeiters, and help consumers and businesses determine whether their cash is genuine.

The new note, which features a woven ribbon carrying images of the Liberty Bell and the number 100, as well as a colour-changing bell in an inkwell, was circulated by the Fed for the first time yesterday.

In a speech marking the launch of the note, Federal Reserve Bank of Dallas president Richard Fisher called the new $100

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