Total assets of money market mutual funds continued their fall with a drop of $51.13 billion in the latest week to $3.269 trillion, according to the Investment Company Institute.

Retail money market fund assets fell $3.76 billion to $1.073 trillion for the week ending Dec. 16. Among retail funds, taxable assets fell by $3.11 billion to $837.36 billion, while tax-exempt assets fell by $650 million to $235.72 billion.

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