Term:
Recall [currency pool]
Definition:
With loans made prior to the introduction of the currency pool, each loan was disbursed in the currencies available at that time. As regards repayment of the loan, the Bank determines the order in which currencies shall be repaid (usually according to which currency has the most attractive investment potential). The choice of currency by the Bank for repayment purposes is called recall.
Domain:
Finance
Source:
World Bank: Glossary of Finance and Debt