Tax-exempt money market funds grew by a scant $124.8 million — a slight improvement from the week before — as total net assets settled at $272.46 billion in the week ended Aug. 20, according to the Money Fund Report, a service of iMoneyNet.com.

Outflows of $1.61 billion last week caused total net assets to decline to $272.33 billion, on the heels of $4.05 billion of inflows in the week ended Aug. 6, when assets finished at $273.94 billion.

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