You don't state what version of SQL Server you are running. If STRING_SPLIT is not available on your version, you can do as follows (I think you are trying to split column FX_RAW_DATA on table process). Basically, you apply the calculation of each space one after the other, then substring each:
SELECT
Country_Code = SUBSTRING(p.FX_RAW_DATA, 1, v1.chr - 1),
iso_Code = SUBSTRING(p.FX_RAW_DATA, v1.chr + 1, v2.chr - v1.chr - 1),
status = SUBSTRING(p.FX_RAW_DATA, v2.chr + 1, v3.chr - v2.chr - 1),
date = SUBSTRING(p.FX_RAW_DATA, v3.chr + 1, v4.chr - v3.chr - 1),
rate = SUBSTRING(p.FX_RAW_DATA, v4.chr + 1, v5.chr - v4.chr - 1),
fx = SUBSTRING(p.FX_RAW_DATA, v5.chr + 1, LEN(p.FX_RAW_DATA))
FROM process p
CROSS APPLY (VALUES(CHARINDEX(' ', p.FX_RAW_DATA)) v1(chr)
CROSS APPLY (VALUES(CHARINDEX(' ', p.FX_RAW_DATA, v1.chr + 1)) v2(chr)
CROSS APPLY (VALUES(CHARINDEX(' ', p.FX_RAW_DATA, v2.chr + 1)) v3(chr)
CROSS APPLY (VALUES(CHARINDEX(' ', p.FX_RAW_DATA, v3.chr + 1)) v4(chr)
CROSS APPLY (VALUES(CHARINDEX(' ', p.FX_RAW_DATA, v4.chr + 1)) v5(chr);
The first substring always starts at 1 and ends at the first break, the last substring you can just pass the full length to get the remainder of the string.