
Sajid Amit, PhD, is an experienced development sector professional, academic and capital markets advisor, with work experience in Morgan Stanley and BRAC EPL. His investment research has been recognized by Morgan Stanley and BlackRock. He can be reached at sh2367@caa.columbia.edu

Gold has tumbled almost 30% from its January peak, and the headlines have turned grim. The fall is real but the reasons are simpler than they look. That said, the panic is misplaced.

The country has world-class banks and no shortage of foreign investors willing to fund them. What stands between the two is not the numbers. It is the absence of credible information and a regulator willing to reward patience.