KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit was traded flat against the US dollar at close on Tuesday amid losses capped by the selling of the greenback holdings by exporters, dealers said.

At 5pm, the ringgit was little changed at 3.5790/5830 against the greenback from last Friday's closing of 3.5790/5840.

However, a dealer said the ringgit is likely to further weaken to the 3.60 level this week amid the uncertainty on the global front, triggered by investors seeking to liquidate their position.

Against the other major currencies, the ringgit was mixed, depreciating against the Singapore dollar at 2.3735/3780 from last Friday's 2.3713/3765 as well as against the British pound at 5.5706/5786 from 5.5503/5599.

However, compared with the yen, the ringgit appreciated at 3.7814/7873 from 3.8422/8500 and also rose against the euro at 4.4664/4721 from 4.4927/5004 previously.

-- BERNAMA