The Bureau of Engraving and Printing has announced why new copies of its national currency are being produced.
The authorities in charge of the Design, printing and circulation of dollars They reported why they redesign the banknotes. Through their official website, they provided specific reasons to justify these new changes. This was explained by the Bureau of Engraving and Printing (BEP), which depends on the United States Department of the Treasury.
This entire process of change requires extensive research and the acquisition of raw materials in case of changing any type of component, so it is completely ruled out that it is not strictly necessary for the functioning of the American economy.
Engraving and Printing Office
Why the dollar bills are being redesigned, according to US authorities
The most important reason is that of the security. With the advancement of new technologies and professional techniques, banknotes are exposed to being counterfeited in a better and easier way, therefore It is necessary to take measures and redesign the copies to use details that facilitate the identification of a true or false banknote..
This process requires more than a decade of research, followed by years of optimization and integration tests into the banknote to be carried out, therefore it is not a decision that is taken lightly nor can it be repeated constantly. Once the new features are incorporated, it is likely that new raw materials and equipment will be required. In turn, these new elements must comply with the quality standards required by the official bodies in charge of the issuance and circulation of currency.
Source: Ambito
