In a reversal from the past three weeks, tax-exempt money market funds ushered in February on a positive note as they gained $1.65 billion and settled with $291.92 billion in the week ending Feb. 6, according to the Money Fund Report, a service of iMoneyNet.com.

The cash inflows were a turnaround from last week when the money funds ended with $290.26 billion after shedding $2.4 billion of cash, which followed outflows of $1.34 billion and $2.82 billion, respectively, in the two previous weeks.

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