The article discusses how public debt and foreign exchange reserves in Hungary are connected. Issuing debt in foreign currencies can boost reserves but make it hard to know if reserves are enough, especially in crises. This can also affect the central bank's profits. On the flip side, having more reserves can impact the country's deficit and debt. The study suggests that managing debt without considering reserve needs can lead to problems. To be ready for crises, the central bank should look for ways to quickly get more foreign currency, like using swap lines from other central banks.