After seeing only modest inflows recently, tax-exempt money market funds garnered significant new cash as total net assets grew by $2.92 billion to $275.72 billion in the week ended Dec. 10, according to The Money Fund Report, a service of iMoneyNet.com.

The inflows compare to the prior week when the funds took in $757.5 million and total net assets finished with $272.80 billion, following $260.5 million of inflows in the week ended Nov. 26 when total net assets finished at $272.04 billion.

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