Money market fund assets dropped $12.02 billion to $2.10 trillion for the week ended Wednesday, Aug. 15, according to the Investment Company Institute.

Overall, assets in retail money market funds decreased $1.62 billion to $1.08 trillion with taxable money market fund assets declining $1.18 billion to $894.40 billion and tax-exempt fund assets sinking $434.4 million to $189.03 billion.

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