diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7f2545f..a28f06b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Changelog
 
+## [v1.38](https://github.com/translation/rails/releases/tag/v1.38) (2023-10-23)
+
+#### Fixes (bugs & defects):
+
+ * Bump GetText dependency to 3.4.9 (fix `\r` escape and other improvements)
+ 
 ## [v1.37](https://github.com/translation/rails/releases/tag/v1.37) (2023-06-27)
 
 #### Fixes (bugs & defects):
diff --git a/translation.gemspec b/translation.gemspec
index bf67378..9628e90 100644
--- a/translation.gemspec
+++ b/translation.gemspec
@@ -4,7 +4,7 @@ Gem::Specification.new do |s|
   s.description   = 'Localize your app using either t(".keys") or _("source text") and type "rake translation:sync" to synchronize with your translators on Translation.io.'
   s.homepage      = 'https://translation.io'
   s.email         = 'contact@translation.io'
-  s.version       = '1.37'
+  s.version       = '1.38'
   s.authors       = ['Michael Hoste', 'Aurelien Malisart']
   s.license       = "MIT"
   s.require_paths = ["lib"]