Treasury department told on Friday that on account of ongoing counterfeit threats, it has been decided to redesign the currency. The department told it may stop the ongoing fraud.

So A new 100 dollar bill is going to be introduced in United States. This will be released in next month. New look of this 100 dollar bill will be unveiled by Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke on April 21 in some grand ceremony.The department told that this bill will have many anti-counterfeiting features which couldn’t be copied anyway but still no detail regarding the redesign has been revealed by them.

"The US government redesigns currency in order to stay ahead of counterfeiters and protect the public," the Treasury said.

The Treasury said the unveiling will launch a global multi-government agency public education program before the new 100 dollar note is put into circulation.

"A well-informed public is our first and best line of defense against counterfeiting," it said.

The current 100 dollar note was redesigned in 1996 incorporating new features to deter counterfeiting.

Under 1928 currency rules, the new 100 dollar note will continue to bear the likeness of Benjamin Franklin, one of the nation's founding fathers, on the face.

On the back, an image of Independence Hall in Philadelphia, Pennsylvania, where the Declaration of Independence was signed on July 4, 1776, will be maintained.

The back of the bill also will feature the words "In God We Trust," which has been required by law on all US currency since 1955. The following year it was declared the national motto and in 1957 it first appeared on paper money.

Since 2003 the United States has issued a series of dollar notes in values of five, 10, 20 and 50 dollars that incorporate anti-counterfeiting features and, for the first time since 1905, background colors.

Details of how the bill will be different from the current version have not yet been released. But the treasury department says it will launch a global public awareness campaign to make sure everyone is aware of the new security measures before the bill starts circulating.

Tags: new 100 dollar bill, new 100 bill