Tax-exempt money market funds continued their seesaw between inflows and outflows the week ending July 12, declining $1.89 billion to settle at $352.19 billion in total net assets, according to the Money Fund Report, a service of iMoneyNet.com.

The outflow occurred after $3.19 billion of cash flowed into tax-exempt funds during the week ending July 5. That gain was more than double the amount of money that left the funds the week ending June 28, when they finished with $354.08 billion in total net assets.

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