sentences:  Indirectly, they also measure a country's amount of central bank money created and lent out beyond what is needed for domestic circulation.Since every country needs a relatively steady amount of central bank money for its domestic transactions, payment orders to other countries, which reduce the domestic stock of money, must be offset by a continuous issuing of new refinancing credit, i.e., the creation of new central bank money.Similarly, the increase in money balances in the country whose central bank honours the payment orders reduces the demand for fresh refinancing credit.