The Bangladeshi taka (BDT) is the official currency of Bangladesh, a country located in South Asia.
The taka has been the country’s official currency since 1971, when Bangladesh gained independence from Pakistan.
The Bangladeshi taka is subdivided into 100 poisha and is symbolized by the “৳” sign.
The exchange rate of the taka is determined by the supply and demand in the foreign exchange market.
The Bangladeshi economy is largely driven by the textile industry, which accounts for a significant portion of the country’s exports.
Other key industries in Bangladesh include agriculture, pharmaceuticals, and shipbuilding. Fluctuations in these industries can affect the value of the taka.
The Bangladesh Bank, the country’s central bank, is responsible for managing the monetary policy and issuing currency in Bangladesh.
Visitors to Bangladesh can usually exchange their foreign currency for Bangladeshi taka at banks, exchange bureaus, and some hotels and airports.