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Justice Jasmeet Singh granted bail to the former NSE managing director on a personal bond of Rs 1 lakh and two sureties of the like amount.
The domestic currency had last closed at the 83-mark on October 19, 2021.
The case, which is being probed by the Enforcement Directorate (ED), arises from a CBI FIR against Pandey and his company iSec Services Private Limited for the alleged commission of offences under the Indian Penal Code, Indian Telegraph Act and Prevention of Corruption Act.
Special Judge Sanjeev Aggarwal passed the order after hearing arguments from CBI and the counsel appearing for accused.
The CBI had questioned former National Stock Exchange the former group operating officer in connection with its ongoing probe into alleged irregularities by a stock broker.
The agency has also opened look out circulars against Ramkrishna, another former CEO Ravi Narain and former COO Anand Subramanian to prevent them from leaving the country.
The unknown person or yogi according to Ramkrishna was a 'spiritual force that could manifest itself anywhere it wanted and did not have any physical or locational co-ordinates and largely dwelt in the Himalayan range.'
The NSE Nifty 50 index fell 1.4% to 16,745 by 0347 GMT and the benchmark S&P BSE Sensex was down 1.4% at 56,235.04.
Vodafone Idea soared over 9%, while larger peer Bharti Airtel was up 0.4%.
In the latest book, the authors Sucheta Dalal and Debashis Basu take a hard look at the changes in capital market regulation and infrastructure after the Harshad Mehta scam