During the 2007-2009 Financial Crisis,the U

During the 2007-2009 financial crisis,the U.S.Federal Reserve Bank established "central bank liquidity swaps" with the European Central Bank (ECB) and other major central banks. This involved

A) the Fed exchanging US dollars for foreign currencies on a temporary basis.
B) the Fed exchanging US dollars for foreign currencies on a permanent basis.
C) the Fed providing reserve guarantees to the ECB, denominated in US dollars.
D) the ECB did not utilize the swap line directly but used it indirectly to stabilize their financial markets by indicating to European investors the potential backing of the Fed.

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