Cash flowed into municipal money market funds for a second week in a row, though noticeably less than the billion dollars the industry recouped in the previous week, according to the Money Fund Report, a service of iMoneyNet.com.

For the week ended July 11, the assets of tax-exempt money funds rose by $608.2 million and ended with $304.07 billion, following inflows of $1.39 billion the week before, when the funds settled at $303.46 billion.

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