Established in May 2000, Seoul Money Brokerage Services (SMBS) provides brokering services covering a full range of foreign exchange and money market instruments. SMBS also has the official right to calculate and announce the basic exchange rates of the Korean won against major foreign currencies. SMBS was spun off from the Korea Financial Telecommunications and Clearings Institute (KFTC).
Brokerage services include:
For this data source, RIMES hosts approximately 40 securities, including the following SMBS Rates:
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