WASHINGTON-Circulation of the newly redesigned $10 bills began March 2. The Bureau of Engraving and Printing has been redesigning the higher denominations of U.S. notes for security purposes as counterfeiting continues to grow. The $10 bill is the third to be redesigned with anti-counterfeiting measures such as color-shifting ink, watermarks, a security thread, microprinting and others. The new $20 bill was introduced Oct. 9, 2003, followed by the $50 bill Sept. 28, 2004. "Each time we issue a redesigned denomination, our goal is to ensure its smooth transition into daily commerce both domestically and abroad," BEP Director Larry Felix said. "Over the past six months, we have worked with manufacturers of ATMs and other machines that receive and dispense cash, as well as retailers, small businesses and international governments, so that they may prepare for today's day of issue of the redesigned $10 note."
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