KUALA LUMPUR (Bloomberg) - Malaysia's ringgit slid to a six-year low versus the dollar after US jobs data hardened speculation the Federal Reserve will increase interest rates by the end of June.

The unemployment rate in the world's largest economy fell in February to the lowest since 2008 as hiring picked up, according to a March 6 report. US Treasury futures showed a 72 per cent likelihood that the Fed will tighten by June, compared with 67 per cent a week ago. China, Malaysia's second-biggest export market in 2014, reported trade data on Sunday that showed imports slumped more than economists expected in February.

"US employment conditions continue to improve," said Mr Masashi Murata, a currency strategist at Brown Brothers Harriman & Co. in Tokyo. "Expectation that the Fed will start to hike rates in June led to higher U.S. yields, which depresses the ringgit."

The ringgit depreciated 0.9 per cent, the most in two weeks, to 3.6840 a US dollar as of 10am in Kuala Lumpur, according to data compiled by Bloomberg. It sank as low as 3.6908.

China's imports dropped 20.5 per cent last month from a year earlier, double the 10 per cent decline forecast in a Bloomberg survey. Malaysia's exports fell 0.6 per cent in January, less than December's 2.7 per cent gain and the 2.5 per cent increase forecast in a Bloomberg survey, official data showed March 6.