Updated Thursday, August 21, 2014 as of 6:03 PM ET

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Outflows Continue to Plague Muni Money Funds

Christine Albano

Tax-exempt money market funds suffered losses for the fifth consecutive week as $2.40 billion escaped the industry in the week ended Feb. 11 and total net assets finished with $280.07 billion, according to The Money Fund Report, a service of iMoneyNet.com.

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