Credits in the Bop: Define a credit in the Bop: It is any transaction that is DEMAND CREATING for your domestic currency in the foreign exchange market (FXMT). It is a foreign currency INAOW. Describe a CREDIT transaction in each account: - [Current Account) - Capital Account) (Official Reserves Accounts any transaction that increases the amount of domestic currency in the foreign exchange balance (FXB). For example in the US, the central bank intervenes and BUYS S and SELLS FC (foreign currency). Debits in the Bop: Define a debit in the Bap; It is any transaction that is SUPPLY CREATING for your domestic currency in the FXM. It is a foreign currency OUTFLOW. Describe a DEBIT transaction in each account: - (Current Account - (Capital Account - (Official Reserves Account)= any transaction that decreases the amount of domestic currency in the FXB. For example in the US, the central bank intervenes and BUYS FC and SELLS S