diff --git a/CHANGELOG.md b/CHANGELOG.md
index a3cf8073..5de53e23 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -46,6 +46,8 @@ Bug fixes:
   Fix gitignore parsing bug where a trailing `\/` resulted in an error.
 * [BUG #2243](https://github.com/BurntSushi/ripgrep/issues/2243):
   Fix `--sort` flag for values other than `path`.
+* [BUG #2392](https://github.com/BurntSushi/ripgrep/issues/2392):
+  Improve global git config parsing of the `excludesFile` field.
 * [BUG #2480](https://github.com/BurntSushi/ripgrep/issues/2480):
   Fix bug when using inline regex flags with `-e/--regexp`.
 * [BUG #2523](https://github.com/BurntSushi/ripgrep/issues/2523):
diff --git a/crates/ignore/src/gitignore.rs b/crates/ignore/src/gitignore.rs
index da007298..0b667f26 100644
--- a/crates/ignore/src/gitignore.rs
+++ b/crates/ignore/src/gitignore.rs
@@ -605,7 +605,7 @@ fn parse_excludes_file(data: &[u8]) -> Option<PathBuf> {
         Regex::builder()
             .configure(Regex::config().utf8_empty(false))
             .syntax(syntax::Config::new().utf8(false))
-            .build(r"(?im-u)^\s*excludesfile\s*=\s*(\S+)\s*$")
+            .build(r#"(?im-u)^\s*excludesfile\s*=\s*"?\s*(\S+?)\s*"?\s*$"#)
             .unwrap()
     });
     // We don't care about amortizing allocs here I think. This should only
@@ -772,6 +772,22 @@ mod tests {
         assert!(super::parse_excludes_file(&data).is_none());
     }
 
+    #[test]
+    fn parse_excludes_file4() {
+        let data = bytes("[core]\nexcludesFile = \"~/foo/bar\"");
+        let got = super::parse_excludes_file(&data);
+        assert_eq!(
+            path_string(got.unwrap()),
+            super::expand_tilde("~/foo/bar")
+        );
+    }
+
+    #[test]
+    fn parse_excludes_file5() {
+        let data = bytes("[core]\nexcludesFile = \" \"~/foo/bar \" \"");
+        assert!(super::parse_excludes_file(&data).is_none());
+    }
+
     // See: https://github.com/BurntSushi/ripgrep/issues/106
     #[test]
     fn regression_106() {