Iranian Supreme Leader Ayatollah Ali Khamenei has approved a request by the judiciary to set up special courts to deal with financial crimes.
Iranian media quoted Khamenei as saying in a brief statement issued on August 11 that punishments for those accused of economic corruption should be "carried out swiftly and justly."
New Islamic revolutionary courts will be directed to impose maximum sentences on those "disrupting and corrupting the economy," Judiciary head Sadegh Amoli Larijani had proposed in a letter to Khamenei.
The request by the judiciary said the courts should be eligible to try all suspects, including "official and military" people. The sentences can include the death penalty.
The decision comes amid a plunging national currency that has lost about half of its value in past weeks following a decision in May by U.S. President Donald Trump to leave the 2015 nuclear deal with Iran and reimpose tough sanctions.
Iran’s central bank and the judiciary have blamed "enemies" for the fall of the currency.
The judiciary said last month that 29 people have been detained for "disturbing" the nation's economy and its "money and currency systems.”