diff --git a/Jamrules b/Jamrules
index 2665b8e8b8..9c4226eaa8 100644
--- a/Jamrules
+++ b/Jamrules
@@ -11,4 +11,5 @@ project boost ;
 path-global BOOST_ROOT : . ;
 
 # The current version of Boost.
-BOOST_VERSION ?= 1.31.0 ;
+BOOST_VERSION ?= 1.32.0 ;
+