Japan's finance minister says rapid yen moves are undesirable

FILE PHOTO: A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration

TOKYO (Reuters) - Japanese Finance Minister Shunichi Suzuki said on Tuesday he was closely watching exchange-rate developments, warning that rapid moves in the yen were undesirable.

He also told reporters a weak yen had both pros and cons for Japan's economy.

(Reporting by Tetsushi Kajimoto, writing by Leika Kihara, editing by Andrew Heavens)

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