Tax-exempt money market funds continued their losing streak again this week as they posted $1.31 billion of withdrawals — a little more than half of last week’s outflows — and total net assets dropped to $286.7 billion in the week ended Oct. 24, according to the Money Fund Report, a service of iMoneyNet.com.

The outflows were a little more than half of the $2.50 billion of losses the funds suffered last week when assets fell to $288.10 billion.

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