Bangladeshi Taka

Bangladeshi Taka

Bangladeshi Taka overview

The Bangladeshi taka (Bengali: টাকা, sign: ৳ or Tk, code: BDT) is the currency of the People's Republic of Bangladesh. Issuance of banknotes ৳10 and larger is controlled by Bangladesh Bank, and for the ৳2 and ৳5 banknotes, which are the responsibility of the Ministry of Finance of the government of Bangladesh. The most commonly used symbol for the taka is "৳" and "Tk", used on receipts while purchasing goods and services. ৳1 is subdivided into 100 poisha.

1 BDT to USD exchange rates chart

BDT to  exchange rates chart

Bangladeshi Taka news

Local exporters on edge

Bangladesh has been losing its competitiveness in global trade as many of its competing countries' currencies have depreciated more than the taka. In the last one year, the local currency has lost 3.71 percent of its value against the US dollar, while the currencies of some other competing countries depreciated more than 10 percent. For instance, in the last one year, the Indian rupee depreciated 13.58 percent against the greenback, followed by the Indonesian rupiah at 12.79 percent, the Sri Lankan rupee at 11.39 percent and the Chinese yuan at 5.35 percent.

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Bangladesh drafts new legislation seen targeting press freedom

Bangladesh has drafted a bill that would punish media outlets if they publish or broadcast anything deemed to be against the "public interest", in a move that journalists fear could further stifle press freedom in the south Asian country.

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6 things you should do to prepare for the next recession

Kirill Kolchanov/Strelka InstituteDon't change your investment strategy. Your long-term savings will regain their value over time.Market fluctuations are a

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Staggering photos show what daily life is really like in Dhaka, the most crowded city in the world

More than 19.5 million people live in Dhaka, the capital of Bangladesh. Daily life in Dhaka revolves around local markets and the Buriganga river.

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Bangladesh’s First Angel Investment Network Bangladesh Angels Launches In Dhaka
Bangladesh’s First Angel Investment Network Bangladesh Angels Launches In Dhaka

Bangladesh Angels, Bangladesh’s first angel investing network, has officially launched its operation in Dhaka. The platform aims to bring together the leaders in the local entrepreneurial ecosystem and global partners and nurture the innovation and entrepreneurship in Bangladesh by connecting startups to both local and global investors.

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Life on the margins in Bangladesh

Life on the margins in Bangladesh. Poverty rate may be falling but the gap between rich and poor continues to rise

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Bangladesh News: Bangladesh resists pressure to allow Indian exports

Bangladesh Shipping Secretary Abdus Samad said the decision was made with the interests of Bangladesh’s Chittagong and Mongla ports in mind.

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