Rupee slumps 52 paise to 74.87 against US dollar in early trade

Rupee slumps 52 paise to 74.87 against US dollar in early trade

The Indian rupee slumped 52 paise to 74.87 against the US dollar in opening trade on Monday, amid fears that a rapid resurgence of COVID-19 cases in the country could disrupt economic recovery.