The official currency of Bangladesh, abbreviated BDT and subdivided into 100 poisha. It is issued and regulated by Bangladesh Bank, the country's central bank. The taka operates under a managed float exchange rate system where Bangladesh Bank intervenes periodically to maintain stability against the US dollar, and remittance inflows from Bangladeshi workers abroad are a major source of foreign currency supply supporting its value.
Example
“The Bangladeshi Taka weakened against the US dollar after the central bank allowed a controlled depreciation to narrow the gap between official and parallel market exchange rates.”