The oil and gas giant Shell said Monday it will exit its joint ventures with Russia’s state-owned energy company Gazprom. Shell has about $3 billion invested in Russian operations. This follows a similar move by BP to offload its Russian operations, as other oil companies, including ExxonMobil and Total, come under pressure to divest.

In Moscow, Russia’s central bank more than doubled its interest rate to 20% to prevent the further collapse of Russia’s currency after governments around the world imposed sanctions. The value of the ruble dropped to less than 1 U.S. cent on Monday. That’s about one-twentieth of the ruble’s value in 2014, before Russia’s annexation of Crimea.