diff --git a/freqtrade/__init__.py b/freqtrade/__init__.py
index 5430cd2d0..18b6c9130 100644
--- a/freqtrade/__init__.py
+++ b/freqtrade/__init__.py
@@ -2,18 +2,19 @@
 __version__ = '2023.1.dev'
 
 if 'dev' in __version__:
+    from pathlib import Path
     try:
         import subprocess
+        freqtrade_basedir = Path(__file__).parent
 
         __version__ = __version__ + '-' + subprocess.check_output(
             ['git', 'log', '--format="%h"', '-n 1'],
-            stderr=subprocess.DEVNULL).decode("utf-8").rstrip().strip('"')
+            stderr=subprocess.DEVNULL, cwd=freqtrade_basedir).decode("utf-8").rstrip().strip('"')
 
     except Exception:  # pragma: no cover
         # git not available, ignore
         try:
             # Try Fallback to freqtrade_commit file (created by CI while building docker image)
-            from pathlib import Path
             versionfile = Path('./freqtrade_commit')
             if versionfile.is_file():
                 __version__ = f"docker-{__version__}-{versionfile.read_text()[:8]}"