Tax-exempt funds recouped nearly half of the losses they suffered last week as $1.87 billion of inflows boosted total net assets to $354.79 billion for the week ending June 7, according to the Money Fund Report, a service of iMoneyNet.com.

The inflows come on the heels of $3.91 billion of outflows that saw total assets settle at $352.92 billion for the week ending May 31.

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