EM ASIA FX-Asian currencies rise on Fed minutes; yuan shoots to 2-mth high

* Yuan at 2-month high * S.Korean cen bank holds rates * Singapore Q1 GDP -1.3 pct q/q annualised; +2.7 pct y/y (Adds detail, updates prices) By Rushil Dutta May 25 (Reuters) - Asian currencies were firm on Thursday after the minutes of the U.S. Federal Reserve's last meeting showed policymakers favouring a gradual approach to interest rate hikes, with the yuan hitting two-month highs on state-driven dollar selling after Moody's downgraded China's debt ratings. The yuan

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