*  *  *  Dear Governors and friends: I am honored that BIS invited me to speak to this distinguished audience of Central Bank Governors from so many countries. That our host, the Bank of Mexico, is celebrating its 75th anniversary makes this a particularly special occasion. As you may expect, my topic today is Latin America.
We will unveil the new design for the $ note in just a few moments and the Federal Reserve will begin putting these notes into circulation on February 10, 2011.