diff --git a/utils/tex2rtf/src/tex2any.cpp b/utils/tex2rtf/src/tex2any.cpp
index 8400d87a13..fe3f1b7557 100644
--- a/utils/tex2rtf/src/tex2any.cpp
+++ b/utils/tex2rtf/src/tex2any.cpp
@@ -2713,7 +2713,8 @@ void DefaultOnMacro(int macroId, int no_args, bool start)
       break;
     case ltPOUNDS:
       if (start)
-        TexOutput(_T("£"), true);
+        // FIXME: this is valid only if the output is iso-8859-1
+        TexOutput(wxString::FromAscii("£"), true);
       break;
     case ltSPECIALDOUBLEDOLLAR:  // Interpret as center
       OnMacro(ltCENTER, no_args, start);