Russian Economy Hasnt Hit Bottom Yet: Baweja

The video discusses the G20 summit's impact on the Russia-Ukraine crisis, highlighting the lack of progress in diplomatic relations. It notes Putin's early departure as a sign of pressure and examines the Russian Central Bank's efforts to stabilize the economy. Despite these efforts, the economic situation remains uncertain, with concerns about capital outflow and the ruble's historical volatility. The video emphasizes the risk of increased dollar demand from retailers if confidence in the Russian currency wanes.

What does the speaker suggest about the confidence of local retailers in the Russian ruble?

What implications does the speaker mention regarding the potential buying of dollars by retailers?