The Bangladeshi taka (BDT) is the official currency of Bangladesh. It is subdivided into 100 poisha. The most commonly used symbol for the taka is ৳. The Bangladesh Bank is the central bank of Bangladesh and is responsible for issuing the currency. The name "taka" is derived from the Sanskrit word "tanka" meaning silver coin. The value of the taka has fluctuated over time, influenced by factors such as inflation and economic growth.