Tax-exempt municipal money market funds lost nearly $3 billion in the week ended March 28 as total net assets fell to $319.30 billion, according to the Money Fund Report, a service of iMoneyNet.com.

Some $2.90 billion fled tax-exempt funds this week following modest inflows of $137.8 million in the week ended March 21 that left the funds with $322.2 billion.

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