* Dollar weighed down by view U.S. interest rates to stay low
* Aussie rises above $0.93 vs dollar after RBA minutes
* Kiwi near 15-mth high vs dollar on investor risk appetite
By Kaori Kaneko
TOKYO, Oct 20 (Reuters) - The dollar hit a fresh 14-month low against the euro and higher-yielding currencies stayed near multimonth highs on Tuesday on the view that U.S. interest rates will remain low into next year.
The Australian dollar rose above $0.9300 for the first time in 14 months after minutes of a Reserve Bank of Australia policy meeting said it may be imprudent to keep rates very low.
"The market view that U.S. interest rates will stay low for a while is keeping the dollar weak, while high-yielding currencies will remain in an upward trend," said Yuji Saito, head of the FX sales department at Societe Generale.
The euro stayed strong even after French Economy Minister Christine Lagarde said euro zone finance minsters reiterated the need for a strong dollar at a Eurogroup meeting.
"Those remarks did not provide fresh incentives to the market. The market took the remarks merely as a cue for slight profit-taking in the euro," Saito said.
The euro was steady at $1.4969 after brushing a fresh 14-month high of $1.4982 on trading platform EBS earlier.
The dollar index, a gauge of the greenback's performance against six major currencies, was down 0.3 percent at 75.276, near a 14-month low.
Against the yen, the dollar edged up 0.1 percent to 90.69 yen.
The Federal Reserve Bank of New York added downward pressure on the dollar on Monday when it said reverse repo tests did not mean it was ready to use this tool to drain money from the banking system.
Tokyo's Nikkei share average rose 1 percent after U.S. stocks rose to fresh 12-month highs on Monday as optimistic investors rode a wave of solid quarterly earnings.
The Australian dollar rose as high as $0.9310, its highest since August last year. The minutes from the RBA's Oct. 6 meeting said the central bank felt keeping interest rates at very low levels could undermine the achievement of its inflation target over the medium term, leading to economic imbalances.
The Aussie hit a new one-year high of 84.31 yen.
The New Zealand dollar traded around $0.7542, near a 15-month high hit earlier this week.
Against the yen, the kiwi hit a one-year high of 68.65 yen. (Reporting by Kaori Kaneko; Editing by Chris Gallagher)