Tax-exempt money market funds recovered $3.19 billion of cash for the week ending July 5 — more than double their outflows the previous week — ending with $354.08 billion in total assets, according to the Money Fund Report, a service of

The reversal follows several lackluster weeks for tax-exempt money funds, which had outflows of $1.44 billion last week and finished with $350.89 billion the week ending June 28.

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